COMMENTARY

The overbought market finally hit a wall on Tuesday with stocks selling off across the board. Now, before anyone gets too bearish, it must be noted that volume was lower than the sessions before. While this is not a technical distribution day for the overall stock...

How much more squeezing can the shorts take? I do not know (nor does anyone else that does not move the market with their orders) the answer to that rhetorical question. However, it should be noted that short squeezes can last longer than the bears can stay solvent....

For the third straight day the market closed higher with gains. Volume jumped on the day in a good sign for this current market rally. Tomorrow’s job report will be somewhat important as it will give a clue to the Federal Reserve’s next move. The strong move off the...

A big time rally kicked off trading for the month with volume on the exchanges higher across the board. So much for Monday’s weak action as a big time rally was what we saw today. Small cap stocks did lag the broader market, but the 3% move in the NASDAQ 100 speaks...

Not since November has the market closed out the month in positive territory. The light volume jaunt higher was finally met with heavy volume selling to close the month of February. Today was not the way you would want to start the week nor end the month. We remain in...

Just shortly after another inventory build crude oil reversed higher erasing losses. The move helped push stocks higher led by the Russell 2000. Volume was higher across the board, but ended below average. Perhaps the most impressive part of this current rally is it...

Sellers won the day, but volume ended lower on the session. Volume on the S&P 500 and NASDAQ Composite indexes were lower according to Bloomberg. The heavy losses were a blemish and gives the impression buyers were either asleep at the wheel or just not willing to...

  Crude oil and stocks are bound together tightly as the two continue to move in tandem. How long this will last is anyone’s guess, but for now the high correlation continues. The commodity jumped nearly 7% on the day as hope over production cuts lasting...