COMMENTARY

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...

Weekend Update And Top Current Holdings

Well it isn't over until it is officially over but we have officially exited the historically seasonally worst period for returns in the stock market. Starting on Monday seasonality is back in the favor of the bulls and now all the market has to do is confirm the...

Sideways Action Continues

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...

Sideways Action Continues

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...

Stocks Pop, but Fizzle during Late Day Fade

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...

Quiet Day of Trading as Stocks Slide

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...

Weekend Update And Top Current Holdings

On Tuesday our operational models switched to a SELL signal and as we close out another trading week we are leaving the week still under that operational SELL signal. Stocks staged a very bearish intraday reversal today basically shutting the door on the bulls who...

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