COMMENTARY

The late day rally in stocks erased sizeable intraday losses. Even after the past 3 days of trading the market still has yet to eclipse the highs set on Monday of this week. A positive here is we have held Monday's low for now. On the downside Europe continues its...

What has been a bad month for stocks we were able to go out on a high note. NASDAQ volume barely eclipsed yesterday's volume while NYSE volume was up 6% day-over-day. Now the question will be whether or not this was a dead-cat bounce. We are quite oversold from a...

Another disappointing session for stocks. While the S&P 500 and Dow finished higher they were off their highs. Small caps and Nasdaq continued their weak action. At this point it is not worth trying to force anything in this market. Cash remains King. Yesterday...

A very damning day for the stock market as sellers continue to dominate. We have been quit clear our view of this market and we continue to see the weakness play out day after day. There are not many stocks looking good after today's session. This leads us to believe...

Another roller coaster session for stocks as an afternoon rally pushes stocks near a high of day close. Volume jumped day-over-day, but stocks were unable to close at session highs. Durable goods orders fell, but did not fall as much as expected. Good news? At the end...

We continue to see a market not ready for the prime time. Some good news from economic data this morning as both mortgage applications and Markit’s Manufacturing PMI data came in better than expected. Mortgage applications for the week jumped more than 13.9% and PMI...

Following Europe's lead the US markets ended the day lower on higher volume. Europe really got things moving with the DAX nearing August lows. A late day rally did take the sting away as the NASDAQ was down more than 100 points at its lows. Volume was up day over day...