COMMENTARY
Trade Deal in Place?
Stocks enjoyed higher turnover and price gains on Thursday as headlines crossed the wires indicating phase 1 of a trade deal between the United States and China had been completed. We say heavier volume and solid price gains a positive for this market. Financials were...
Traders Look to FOMC Rate Decision
The last FOMC meeting of the year concludes today with a statement at 2pm. Stocks have paused for a bit as we await news if tariffs go through and what the Fed has to say about interest rates including the health of the economy. Rates have held relatively steady and...
Stocks Set to Open Lower; Trade in Focus
Last week was we saw volatility kick up and stocks experience a slight hiccup. Small cap stocks saw their breakout reverse at the start of the week only to see them finish near the high of the week. SPY, QQQ, and IWM all finished at their top of the range for the...
Small Caps Lead Market Higher; Volume Mixed
It has been one heck of a week for stocks. Monday’s reversal was on the back of Trump tweeting about Latin American Steel tariffs. News reading algos are certainly keen on anything regarding new tariffs. After Tuesday’s opening, the stock market has done a decent job...
Welcome to December; Santa on his Way?
Clearing the Thanksgiving hurdle, we will look to year-end. How will stocks end up this year? Given there is over 3 trillion parked in Money Market accounts while the Market is at all-time highs suggest there is more room to run. While we can only react to what is in...
Rally Continues Heading into Shorten Post-Thanksgiving Session
This has been a solid week for the market as we continue to see the stock market pile on gains. Volume has not gone gangbusters, but given we are in a holiday week it really is no surprise turnover is light. It has been nice to see IWM breaking through its upper...
Futures Indicate Higher Open to Kick off Thanksgiving Week
US Futures are pointing to a higher open. Headline of the morning shows SCHW intentions to buy AMTD for $26 billion in an all stock deal certainly helps. Expectations are not high for the week of Thanksgiving, but one never knows what is in store for stocks this week....
Small Caps Lead Market Lower
A quiet day for stocks as NYSE and NASDAQ volume fell. Small Cap stocks led the market decline, but losses were contained. Given the move since October a little pause is not out of the question for this market. We will be on the look out for any cracks in the...
Small Caps Avoid Negative Territory as the Dow Slips
The big question here is whether this stock market is heading for the inevitable bear market. Twitter gurus will have you thinking this is the top and we are headed for gloom and doom. Hard to blame people when they are hardwired to be fearful. While we will not argue...
US Stocks Continue to Hit All-Time Highs
We continue to see buyers race to accumulate shares as this bull market powers forward. Volume was higher on Friday indicating institutions were willing to spend their available cash. The Dow led the market higher Friday with the S&P 500 and NASDAQ not too far behind....
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