COMMENTARY

We are another day closer to the most important Job report ever. Today’s session started off well only to see sellers take over and it looked like we were heading for a day distribution. Volume ran hot for the entire session. A late day rally saved the market from a...

Today was a solid start to the week with stocks closing higher after Friday’s session. Janet Yellen’s speech spurred buyers and it wasn’t until Fisher’s comments before the market took a nose dive. As the market hit the lows buyers began to mount a defense pushing the...

Early morning futures were lower ahead of the 8:30 am EDT economic releases. Despite better than expected numbers from jobless claims and durable goods futures did not jump. July durable goods jumped 4.4% when economists expected a 3.4% increase. Jobless claims came...

Finally, we got a little bit of excitement as the market found sellers. A last minute kick save pushed stocks off their lows, but the damage was done. Volume kicked into another gear as sellers finally arrived. Up until today the S&P 500 was in tight trading range...

Another tight trading session as the NASDAQ composite another all-time high. Volume was mixed with NYSE volume coming in higher while NASDAQ volume peeled off yesterday’s level. The biggest knock on today’s market would be the closing well off the highs of the...

A mixed start to the second to last full week of summer. We are still trading in a relatively tight range despite a little nonsense intraday. Volume was light on the session. Crude oil fell more than 3%. Pundits blamed Iraqi oil supply hitting the market....

A day after the latest release of the FOMC meeting minutes the market builds upon yesterday’s move off the lows. Volume didn’t accompany the move, but it is par for the course at this point. Volume really hasn’t mattered all that much since the Fed took over the...

The day did not start off well and nor did it look good. As noon time approached it appeared as if sellers were going to win the day. However, like magic buyers came rushing into the market nearly erasing all of the day’s losses ahead of the FOMC meeting minutes. A...