COMMENTARY

A sizeable rebound was in the works until the afternoon where sellers took over sending stocks to the lows of the session.  Retail sales came in better than expected thanks to a surge in auto sales.  The story of the session was once again the fall in crude oil...

Just after a tremendous rally the market returns to yesterday’s low in light trade.  Crude oil continued its decline and while it is good news for consumers.  On the flip side, producers of the commodity and highly levered are not in good shape.  Fears are certainly...

Futures took a hit as Asian markets sold off in heavy volume.  The Shanghai Composite led all decliners falling more than 5% on its highest volume ever.  Hang Seng was down two percent.  While not as extreme European markets were lower by 1-2% putting pressure on the...

The broader market closed lower today ahead of tomorrow’s job report.  It was a decent day for consolidation and we have yet to see many days like today.  At the start, it appeared we were on our ways to new highs and beyond.  However, after the German DAX reversed...

After an initial stumble just before 10 am buyers stepped up and began pushing prices back into new high territory.  Once again the S&P 500 and Dow have hit new all-time highs.  Volume was higher for the S&P 500 a good initial sign, but lower elsewhere.  The...

It was another good session that was more impressive internally. Major stock market averages rallied today on below average volume. The rally was good enough to send the DJIA and SPX into new all-time high ground. Our models are switching on these two averages from a...

A positive for this market was today’s session not following through to the downside.  Despite crude oil falling back towards Friday’s low the energy sector led the S&P 500 higher during Tuesday’s session.  Rebounding in a big way was the Russell 2000 regaining...

Today's failure to sell off further is a sign that this market is not as weak as some would like it to be. At the same time, the recovery leaves a lot to the imagination as volume was lower and we did not fully recover the Monday damage. Overall it was a solid session...