COMMENTARY

Selling continued this morning as bonds were racing higher. Volume was running hot, but after 5 straight days of selling the market ran out of sellers. Before the noon time hour, it appeared the market had set the lows for the session and would try to work higher. By...

Well, we found out the Fed is not going to raise rates any time soon. The number of Fed Presidents looking for a rate hike will diminish. Price action continues to remain weak and today was further proof this summer will more than likely be challenging. Volume was...

While the world awaits the Brexit vote our markets continue to act weak. We were able to finish off the lows, but this market is quite oversold and a bounce was not out of the question. A late afternoon rally helped take the sting out of the day's losses. Financials...

Over the weekend Bitcoin surged and today the cryptocurrency eclipsed $700 as stocks fall during the session. Friday's action was not ideal and was a signal weakness may be on the way. Today's move was certainly not what bulls wanted to see. There is certainly a lot...

Overall a solid pullback in light volume with the major indexes ending the day near session highs. This is the type of pull back you would like to see in an uptrend. We avoided distribution even though we are in overbought territory. It is a good thing for us to...

We continue to see positive action from this market and our holdings. Biotech was a big weight around the NASDAQ's neck. Plenty of biotech names were hit hard and the entire group continues to have a tough 2016. Volume was mixed with NASDAQ volume was higher and NYSE...

Friday's disappointing jobs report could not slow down this market's uptrend. Let's face it this economy is not about to return to high growth where jobs are abundant. This market continues to defy the naysayers and we continue to find strong stocks. Most of...