COMMENTARY

The day after corporate buybacks stop stocks fall as volume came in higher than Tuesday’s session. For much of today sellers ruled the day. Much of the news cycle continues to focus on Brussels and the lasting effects it will have on Western Europe. Selling certainly...

Despite the terror attacks in Brussels stocks are able to withstand the initial onslaught of selling. Volume on the NYSE crept higher while NASDAQ volume slid nearly 5% on the session. There are still plenty of setups and it would do this market some good to...

After last week’s market today’s session was relatively quiet. Volume was well below average, but this story continues. The current trend is still prevailing and no matter how over bought this may seem we are not going to bail until our exit signals are hit. We are...

Insane or not this rally wants to keep plowing forward. Lead by the Dow Jones Industrial average this uptrend continues to defy the odds. Lagging on the session was the NASDAQ 100 and Composite indexes as the QQQs struggle with its 200 day moving average. Volume was...

The market was quite tepid ahead of the FOMC statement release. Volume was running light ahead of the announcement, but typical ahead of any FOMC release. Immediately after the release stocks jumped higher, pulled back only to return back to new highs and set a new...

The release of retail sales disappointed with big negative revisions for the prior month. Despite the negative release stocks were able to hold up relatively well. Homebuilder confidence came in just a tad under expectations, but in line with last month. Not the...

Today’s volume was non-existent as many index ETFs saw their lightest volume of the year! This entire rally has been built on light volume, but we know over the past few years light volume really has not mattered to the market. Crude oil settled lower as the move from...

Crude Oil is once again a big story  on the street after it rebounded despite another inventory build. NASDAQ led the market higher but did so in lighter trade. Fears over a credit event have certainly died down after crude oil has enjoyed ripping bears to shreds. All...