COMMENTARY

Small Caps Lead Gains as Rally Continues

Another day and we saw the market sneak out gains. This market has been unrelenting and as we close out 2019 our mission remains the same. One thing we know is this market has defied the objections of many. Those who have convinced themselves to be out of the market...

Futures Indicate a Positive Open; Impeachment in Focus

With the first phase of a trade deal out of the way and the last FOMC meeting of the year pundits turn to the impeachment vote. Whether it has much of an impact to the stock market remains to be seen. Friday’s market had small caps the big losers on the session while...

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...

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...

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