COMMENTARY

Fed Minutes boost Stocks

Once again this market set out to disprove market bears as buyers ruled the day. Steady buying throughout the day continued after the FOMC meeting minutes. Erasing losses from the first two days of the week it appears this market wants to continue to push higher....

Utilities and Banks lead Market Lower as Volume expands

Overseas markets were lower as European banks continued their slide and the weakness carried over to the US. Selling was not overwhelming as volume remained below average. Utilities were the weakest sector in the S&P 500 followed by financials. The 10 year ended...

Settling Lower Stocks take a Rest

Friday’s session was a super bullish session, but this market needed a rest. Volume was lower on the day as many traders were taking a break. It almost as if the market was still hungover after Friday’s party. Crude oil fell to a 35 handle as we approach the most...

Big Wave Trading Weekend Update And Top Current Holdings

Aloha from the beautiful island of Maui everyone. Another weekend has come and gone and it is back to the trading stations on Monday. The good news for those invested in stocks is that despite the insane v-shaped move off the lows many leading stocks in a wide variety...

More New Longs as Market ends Mixed

A relatively quite day on the street today with Small Cap stocks leading the way with gains as the Dow and S&P take a breather. Crude oil continues to struggle regaining its $40 handle despite the dollar struggling especially against the Euro. Volume ended mixed...

Market Extends gains, but end well off Session Highs

The day after Yellen’s speech and a great day for stocks we saw some follow-through on the upside. Volume was certainly lighter, but given yesterday’s move it comes as no surprise. ADP employment change was slightly better than expected. We continue to see gains from...

Dovish Yellen sends Stocks soaring

Out of the gate stocks seem to hold within a tight range. Nearing the 10 o’clock hour buyers began to get the upper hand and push the market higher. Led by the NASDAQ the market continued to experience buying pressure ahead of the Yellen speech in New York. Stocks...

Quiet Day as Stocks Closed Mixed

Not one of the most exciting days on the street as volume was light and the market’s ended mixed. For bulls this is a welcome sign. A lower close across the board would have been ideal, but beggars cannot be choosers. A few more days of this type of action would do...

Big Wave Trading Weekend Update And Top Current Holdings

Aloha from a very humid island of Maui. I hope everyone had a wonderful Easter weekend. Stocks finally had their first down week since the rally attempt started off the February lows. While volume remains very lackluster with absolutely zero accumulation in the...

Dow and NASDAQ sneak out Gains ahead of Good Friday Holiday

Despite economic release futures pushed lower prior to the market open. Buyers jumped at the chance and pushed the market back to breakeven. The Dow was down more than 100 points just after the open, but was able to find some support at the day’s lows. Despite the...

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