More Gains as Volume Fades

Traders showed their appetite for the stock sending stocks to their highs of the day at the open.  A perceived better jobless claims number provided the boost traders needed, but that boost was short lived.  After retail sales showed the consumer was only coming out...

Stocks Rally From Oversold Conditions As Volume Ends Mixed

New Confirmed Uptrend Buyer beware, stocks rallied throughout the day as oversold conditions were erased.  Volume was mixed throughout the day and well below average suggesting institutions were mainly sitting on the sidelines.  Price gains were quite solid and there...

Intraday Reversal Sours Post Holiday Rally

A big gap move this morning was followed by the market shaking off a disappointing ISM non-manufacturing reading.  Volume was running slightly higher than Friday’s pre-holiday trading levels.  The price action was certainly positive in the morning and although...