COMMENTARY
Weekend Update And Top Current Holdings
The SP-500 finished lower for the ninth straight session following Friday's session marking the first time that has happened since 1980. This market has made it a habit of pulling punches this year as the volatility and lack of trends has been beyond a nightmare for...
Another Loss makes 8th Straight for the NASDAQ
We simply cannot find any buyers willing to step in and support this market. Volume was lower across the board, but price destruction continues and there does not appear to be anything stopping it. Clearly the election has many on the defensive. The only time we see...
Fed holds Rates steady; Stocks Fall Again
Sellers continue to dominate this market. We cleared the first hurdle the Federal Reserve and the market did not respond to the central bank holding rates steady. Next up will be the jobs report on Friday and then the election next Tuesday. Volume fell on the NYSE and...
Selling spills over to the Start of November
Volume jumped as selling continues into November. Heavy volume selling was the story of the day and by early afternoon it looked like we were going into freefall. Small cap stocks were once again the biggest loser. We are now in a spot where an oversold bounce is...
October Closes out on a Sour Note
Not a great month for stocks as the election looms along with earnings and the Fed. Early morning futures showed we would see gains at the open. However, sellers were ready to spoil a rally to close out the month of October. Volume fell across the board and while it...
Weekend Update And Top Current Holdings
Before I get into the overall market and my portfolio I first want to say that there is some good news and that there is some bad news. Let's get the bad news out of the way first. Stocks continued to sell off on Friday and while volume was lower than Thursday's...
Dow Hangs tough as NASDAQ Sells Off Again
More selling hit the NASDAQ while the Dow hangs on. Volume jumped across the board as sellers piled on as earnings season is beginning to sour. After-hours today AMZN and GOOGL reported their most recent quarterly earnings. AMZN was down nearly 6% in after-hours...
AAPL weighs on the NASDAQ; Dow Closes Positive
AAPL did not have a good session after reporting earnings Tuesday evening. Small cap stocks were hit the worst, but the Dow managed to squeak out a gain. The lackluster type of action is indicative of the market we have seen the last few months and we continue to...
Sellers return Erasing Yesterday’s Gains
We cannot have anything nice. Yesterday’s price gains were a good step forward, but after today we revert back to limbo. Small cap stocks were hit the most today and continues to be a lagging index. Unlike, the NASDAQ 100 who has for the most part held up relatively...
Traders push Stocks higher
A solid day for the NASDAQ as traders push the index back towards all-time highs. Certainly a nice way to start the week with solid price gains. The market took a step further to proving itself once again as we have been teetering on the edge of a new downtrend. We...
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