COMMENTARY

Once again we have another day where the market does not make much progress. Volume was mixed with NYSE volume falling while NASDAQ volume jumped day-over-day. Mid-day sellers pushed stocks to their lows just after 10 am EDT. It appeared we were going to let go and...

A semi-weak open gave way to a strong early morning rally and it looked like this rally was going to carry us through throughout the day. But like usual the market found its highs around 2pm and spent the rest of the day going nowhere and then selling off into the...

Earnings from NFLX helped boost the NASDAQ higher, but sellers were able to wrestle control over the market just after mid-day. Volume spent most of the day higher across the board, but hardly anything to get excited over. The next big hurdles for this market come...

A light volume affair across the exchanges today. This market continues to remain in a limbo state where any move can come rather quickly. Major indexes are below their respective 50 day moving averages. Anything can happen under the 50 day and we are in an area where...

A shaky start to the day as sellers hit the market hard. The market nearly made it all the way back to positive territory. Volume was higher across the board, but was below average. The positive spin on the day is certainly buyers were willing to step up when it...

A mixed day on the street as the minutes from the latest Federal Reserve meeting were released at 2pm EDT. The minutes revealed the Federal Reserve was quite close to raising interest rates, but failed to get the votes necessary. Will they raise them in November? We...

It did not take long for sellers to take over this market and push the major market averages lower. Volume soared too. Above average on the NASDAQ as healthcare related stocks took a large hit. We are still in a negative seasonality period for stocks. This action is...

A day removed from the 2nd Presidential Debate stocks move higher led by Energy and Information Technology stocks. Crude oil jumped to a 51 handle after the Russians reportedly will join an oil production pact. We have yet to see a real deal struck, but anything is...