COMMENTARY

Following up yesterday’s stalling action, the market fell in light turnover. Earnings continue to pour in with YELP having a big move to the upside. MYGN on the other hand was decimated after disappointing the street. Selling seemed to be well-contained and did not...

Today’s session was a bit different than we have seen in the past. Volume was higher on the session as new highs were once again set. The issue was the stalling action on the NASDAQ and S&P 500. This market has come a long way from February lows as well as Brexit...

Friday’s surprise jobs report number sent stocks flying high! It was not expected and traders rushed into the market. Given the overbought nature, today’s pullback in light volume is a welcome sign. We need consolidation like today as it allows for the market to keep...

A quiet session today as stocks end flat with volume drying up. The VIX continues to hang near multi-month lows pushing VXX to more all-time lows. Investors are expecting volatility to remain calm. SPY and QQQ average true range continue to remain near multi-month...

A solid reversal today with Small Caps leading the market higher. Volume was lower on the session, but we have seen this story before. Yesterday’s low is now a pivot and one worth watching. Energy rebounded today as crude finally closed in positive territory. Good...

It appears our little consolidation period is getting a bit more interesting after today’s session. The VIX jumped up to a 14 handle while crude fell below $40 for the second straight day. Crude closed below $40 for the first time since April as its fall continues....

August starts off mixed in a light volume affair. NASDAQ 100 was the leading index of the day helping push the NASDAQ composite up 43bps. Trading definitely felt a bit lackluster with the NASDAQ pushing higher. Crude oil continues its fall and broke $40 a barrel. We...

We inched higher again today on the Nasdaq and SP-500 with the Dow lower on the session. Volume sunk more than 7% across the board mostly due to the drop in volume from AAPL. At some point we will see a pullback, but for now we are continuing to push higher. All we...