COMMENTARY

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...

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...