COMMENTARY
Twas the Night Before the Fed
Stocks run higher as traders await the Fed’s decision on interest rates. A solid move today by stocks led by the NASDAQ as traders rush into technology stocks. Small cap stocks did not fare as well today, but they have been on a massive tear since the US elections in...
Dow Squeezes out Gains; Traders await the Fed
Small cap and NASDAQ stocks finally hit the skids with the Russell 2000 down more than a percentage point on the day. The NASDAQ closed down nearly .6% as Telecom and Utilities led the market higher. While crude hit its highest level in over a year the energy sector...
Top Current Holdings: Before And After Edition
The one thing that constantly changes in the market is constant change. What once used to work very well sometimes will not work for years and years until one day it works again. Other methodologies seem to stand the test of time. What is to be learned from this?...
Big Wave Trading Weekend Market Overview
What a week! This has been the most impressive uptrend I have ever seen in my investing career, based on the price appreciation of the general market indexes. This has not been the most impressive uptrend in regards to individual stocks setting up, breaking out, and...
Overbought Conditions Continue
We are extremely busy here and will keep this commentary short tonight. This market except for the NASDAQ is really extended and it would not be surprising if we see some consolidation ahead of the Federal Reserve meeting concluding Wednesday. It would be a huge...
Dow Transports Soar as Volume Surges
A great day for the markets as the Dow surges ahead with volume pouring into stocks. Volume was higher across the board as the Dow Jones Industrial Average surged nearly 300 points. The laggard of the session was small cap stocks with the Russell 2000 finish higher by...
Small Caps Lead Market Higher
A solid session as small caps stock lead the overall market higher. NASDAQ volume was higher on the session with NYSE volume falling just short of Monday’s level. We continue to see positive action from this market, yet we still do not see any blow off type moves....
Market shrugs off Italian Referendum ends Higher
A solid session for the Russell 2000 and NASDAQ coming off last week’s lackluster performance. Volume was mixed as volume on the NYSE ended higher. We did see the NASDAQ bounce off its 50-day moving average, but we did not see big institutions pile into technology...
Big Wave Trading Weekend Synopsis
The bifurcation in the current overall market is simply something I am not willing to casually overlook right now. The last time I saw something this extreme was back in 1999/2000 and that did not turn out well. So until I start witnessing the overall market moving in...
NASDAQ 100 Struggles; Dow Inches out Gains
November closes out on a sour note despite gains for the month. Volume soared as end of the month rebalancing flooded the final hour of trading. Facebook, Apple, Amazon, Netflix, and Google weighed down the NASDAQ 100 closing lower by 1.28%. The NASDAQ closed with a...
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