COMMENTARY
Russell 2000 Leads rebound; Stocks off Lows
Another wild day on Wall Street as stocks reached new yearly lows with the Dow Industrials down more than 200 points. The bright side today was the ability for small caps to rebound from deep early losses. Volume rose across the board by more than 20% and with the...
Markets Lose Pre-Market Gains end Mixed
Coming off a long weekend futures were set to push higher after positive economic news out of China overnight. It was clear for the onset sellers would regain the upper hand as stocks immediately began to sell off as soon as the market opened. After a quick rally for...
Big Wave Trading Weekend Update And Top Current Holdings
Thursday's attempted bounce did not last long as stocks sold off hard across the board on Friday on heavier volume adding yet another distribution day to the overall market. However, despite the sell off, there were some bright spots overall. The Russell 2000 and...
Stocks Find a Low, Dow up over 200 Points
Whether we have seen a long-term low remains to be seen, but today's reversal signals at the very least a short-term low. The market gapped up on JPM earnings, but at the open sellers were able to regain control and send the market lower. It looked like we were going...
Small Caps Enter Bear; Stocks Can’t find a Floor
Let’s cut to the chase this market is certainly trading like there is something greater afoot. What that is we have no idea, but the fact of the matter remains we continue to see high volume selloffs and a lack of any buying interest. Today’s action continues to...
Crude Falls again; NASDAQ Snaps 8 Day losing Streak
Another roller coaster ride for the market’s today as Crude Oil dipped below $30 during the session. NYSE volume ran hot day over day, but fell on the NASDAQ. The NASDAQ 100 index led all market indexes and recorded back to back days of gains. The good news for the...
Stocks take a Roller Coaster ride; End Mixed
Despite the Shanghai closing down by more than 5% US Stock futures began the day in positive territory. Unfortunately, the party did not last long as sellers regained control pushing stocks lower for much of the morning continuing into the early afternoon. While the...
Big Wave Trading Weekend Update And Top Current Holdings
There is not much to say that we have not been saying in our commentary for the past month. The leadership, breadth, and price action has been hinting that there were problems in this market since the August sell off and it became more clear following the December...
Stocks Drop as Fears Mount
China fears continue to mount as circuit breakers halted China's stock exchanges overnight. US futures took a pounding all throughout the early morning. Today's session once again proved why cash is king. At the close the market officially had its worse 4 day start....
North Korea tests Bomb while Sellers return pushing Stocks lower
Overnight North Korean authorities confirmed they had successfully tested a hydrogen bomb. Whether or not we can believe they were able to the markets did not take kindly to the news. US futures were hit hard and continue to head lower into the US open. ISM...
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