S&P 500 Sets Record Highs; NASDAQ Closes in on Highs

Slow and steady is this market’s mantra as the S&P 500 hits a new all-time record high in light turnover.  Volume still does not matter and we have seen this market make new highs without much volume.  Volume on the NASDAQ was higher thanks to MSFT and AAPL. ...

Small Caps lead the Market higher; AAPL Splits

Today’s market was void of any economic releases, but this morning’s market saw AAPL trade in double digits after a 7-for-1 stock split.  Small caps stocks were the leaders of today’s market with the Russell 2000 nearly up one percent for the day.  NASDAQ finished...

AAPL Weighs on the NASDAQ; Stocks Rebound on Light Volume

AAPL’s reaction to earnings was quite harsh as the stock closed just above the $500 level after erasing 44 points on the day.  Due to AAPL the NASDAQ simply could not keep up with the rest of the indexes lead by the Russell 2000 closing higher by .93%.  Volume was...

NASDAQ and Russell succumb to selling; Volume ends lower

Selling continued on Monday lead by the Russell 2000 and NASDAQ Composite indexes.  CAT earnings release and subsequent move helped the Dow Jones Industrial Average from losing further steam.  Volume ended the day lower across the board despite the plunge to new lows...

Technology led by FB fuel the NASDAQ Higher

The NASDAQ hit a new multi-year high prior to noon time only to see sellers rush in and quickly move the index to its lows of the session. The S&P 500 was unable to sustain its morning gains too despite the efforts by technology names. Industrials and utilities...