COMMENTARY
New Highs within Reach; Earnings Continue
Earnings season is now in full swing as we continue to see companies’ top estimates. Will earnings be enough to push this market back to all-time highs will be interesting to watch. IWM still remains stuck in a rut while SPY, QQQ, and DIA look poised to push into...
Small Cap Stocks Lead Stocks Higher
A solid session from IWM on Thursday as the ETF rose 1.18%. DIA barely inched higher as volume eased up across both the NYSE and NASDAQ exchanges. Not a bad session for stocks overall. We still have headline risk despite some optimism on a phased trade deal approach....
Stocks and Volume Higher
Tuesday’s session witnessed stocks push higher on stronger volume. A good sign to see solid price gains and volume behind it. Despite closing off their highs of the session the general market had a good day Tuesday. Healthcare was the leading sector in the S&P 500 on...
Small Caps Lead Stock Higher
Headlines of a deal getting done in a phased approached had investors and traders alike push stocks higher. Volume jumped on the session indicating a jump in institutional activity. Early Monday morning news from the Chinese state media indicating the deal needs to be...
Deal or No Deal
This stock market is tied to whether a trade deal is struck between the United States and China. On the side, there is optimism over a Brexit deal. However, it pales in comparison to the two biggest economies in the world. The broader market was higher on the...
Stocks Roughed Up; Fed to Expand Balance Sheet
Despite news the Federal Reserve was going to expand its balance sheet stocks finished near the lows of the session. IWM led the major market ETFs lower finishing the day down 1.63%. Volume picked up across the board from Monday’s session. Headline risk remains a real...
Trade War and Recession are in Focus
Friday saw stocks rise across the board led by the NASDAQ 100. Yes, you guessed it right small caps as measured by the Russell 2000 lagged the broader market rising less than 1% on the session. Volume eased across the board indicating institutions were not in a rush...
Stocks Stage Reversal; Volume Light
Thursday’s session began how Wednesday left out. Sellers were dominating sending the overall market lower. It would not have surprised many people to see the market continue to sell-off and in fact many were expecting to see stock plunge lower. We expect anything can...
Small Cap Stocks Lead Decline
It is now the same old story. Price weakness continues and stocks simply cannot get out of their own way. Manufacturing declined for the first time in a long time. This sparked fears regarding a recession. Mind you we have not seen a recession in a decade. A reset...
Distribution Strikes on Friday; Global Fears Remain
Friday’s price action was not ideal as volume jumped as losses grew. The NASDAQ 100 led the decline as measured by QQQ. For once, the decline was not led by IWM. Volume was higher across the board as institutions continue to sell stocks. We continue to have a choppy...
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