COMMENTARY

A light volume pullback is what the doctor ordered and we finally saw a pause in the recent uptrend. The Dow needed to a break after closing higher for 7 straight days. It has been a nice run since last week’s election. A key point is certainly volume coming in lower...

After struggling for a few sessions, the NASDAQ decided to join the rally today. Volume was lower across the board. We did see some consolidation early in the session, but buyers were not ready to give up just yet. We were looking to see some consolidation in Small...

The Trump rally continues except for those in Silicon Valley who chose to back another candidate. Transportation stocks continue their rally as Buffet disclosed positions in airline stocks. Facebook, Apple, Amazon, Netflix, and Google continue to be sold in heavy...

That was officially one of the craziest weeks in the stock market I have ever been a part of outside of 2000, 2008, and the Brexit. Two in one year. Impressive to say the least. The velocity of the recovery to new highs in the DJIA and RUT was not only incredible but...

Just when you thought the market could not get any weirder we give you today’s market. Everything was going well until 10am EST then the FAANG stocks began to sell-off. It was not run of the mill selling. Sellers pounded on the FAANGs and did not hold back. On the...

Who would have thought Trump would win the presidency and the market would follow-through to the upside. Many pundits were calling for a market collapse if Trump would become President. We have been cautioning not to jump to conclusions about what this market may or...

On the day of the election stocks were able to close in positive territory. This market has bounced back after a 9-day sell-off. Volume in the S&P 500 index was lighter on the session as well as the NASDAQ. Whether this was simply short-covering into the election...

https://www.youtube.com/watch?v=h5enlcZAPwM