COMMENTARY

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...

Positive economic data helped the market push higher, but the headline of a production freeze helped push Crude Oil above the $30 mark. Volume was higher on the exchanges as today was a follow through day for the markets. While a day 3 follow-through days are rare...

First day back from a long weekend the market jump higher as global markets rebound. Volume was higher on the session as buyers were trying to scour the market for a good deal. Today was day 2 of our newest attempted rally. At least we have volume accompanying with...

A regurgitated headline was a great excuse for traders to trip over themselves to drive stocks off their lows. Another OPEC headline of a production cut was an easy reason for stocks to rally. The headline came just as the S&P 500 touched 1812 a key technical...