COMMENTARY
NFLX Fades in AH; Dow extends Win Streak
Another day and blue chips stocks continue to plow forward. BA was a big part in the move today for the Dow as the stock was up nearly 80bps. While the Dow was up it failed to set a new all-time high. BAC was up more than 3% after earnings. Banks continue to act well...
Weekend Update And Top Current Holdings
This past week of moves into new highs was one of the oddest moves to new highs I have ever personally seen. Just when I think I have possibly seen it all, the market serves up something completely different and unexpected. However, the only thing that never changes...
Dow up 5 Straight Days
More new highs as this market keeps chugging along. Volume slipped on the session, but price keeps pushing higher. Banks were enjoying gains as positive comments out JPM sent futures higher this morning. Jobless claims were better than expected helping boost this...
Utilities lead Stocks higher; NASDAQ Slips
Utilities were the biggest gainers on the day as the Fed Beige book helps large cap stocks close in the green. The Dow closed up 24 points just inching out gains. This market is in overbought territory, but we have seen this movie before. We could very well see this...
More All-Time Highs
This will be short...more new all-time highs and his uptrend continues to push higher. Travel is going to cut this short. Enjoy
Stocks Continue Their March Into New Highs
Major stock averages staged another solid little rally on the session with the Russell 2000 leading the way once again. Volume was higher across the board adding some muscle to the overall move. However, for the second day in a row stocks stalled out mid day to close...
S&P hits a new All-Time High
Once again the S&P 500 is at all-time highs as money continues to flow to US stocks as stability is sought amid global uncertainty. The Nikkei kicked off the day with nearly 4% in gains. Small cap stocks led the market higher with gains greater than 1%. Volume...
Weekend Update And Top Holdings
Stocks staged a powerful rally with extremely solid breadth on Friday with volume slightly higher on the Nasdaq and basically flat on the NYSE. The move on Friday sent the SPX and DJIA to new 2016 highs and placed them within reach of new all-time highs. The Nasdaq...
Market Ends Mixed; Jobs Report Looms
Tonight's commentary will be brief. We continue to hang tough. While S&P 500 and Dow closed soft the Russell 2000 and Nasdaq Composite jumped on the session. The VIX finished lower on the session as future expectations of volatility continue to ease. Bulls in the...
Stocks reverse Higher accompanied by Higher Turnover
Early morning future prices indicated a lower open as the British pound fell to 1.28 against the US Dollar. US markets would not last long as the markets put in the day’s low just before the 11 o’clock hour began. Stocks finished out the session at the highs of the...
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