Stocks Bounce as Volume Lags; AAPL and PCLN Close Lower

It was interesting to see the market have the ability to close in the green without the help of AAPL and PCLN. These market generals have been helping the NASDAQ to push higher. Coming off extreme oversold levels today’s bounce was quite unimpressive with the market...

A Tale of Two Tapes, NASDAQ Continues its Outperformance

The S&P 500 and other NYSE indexes were hit with a day of distribution while the NASDAQ was able to escape. Euro contagion continue with a focus on Portugal seems to be the flavor of the month. If the market hasn’t figured it out now all the Euro nations will...

Volume slides NASDAQ erases losses

The market avoided a day of distribution despite early morning losses. A negative housing report soured the morning mood as sellers dominated the morning trade. Buying kicked in just afternoon time as upside volume begin to emerge. The end of day action wasn’t ideal...

Major Indexes End the Day Higher as AAPL Closes Above $600

Late day selling did put a damper on the day’s action, but small caps and NASDAQ shine. Volume ended lower, but coming off the quadruple witching Friday it would have taken a miracle to eclipse Friday’s trade. By far the biggest story of the day was AAPL issuing a...

Closing off the Lows, Stocks Show Resilience

While market pundits wait for a Greece and its creditors to come to an agreement, stocks quietly put in a solid day. At the open it did not appear stocks would have a good day as the market pulled back nearly one percent. Small cap stocks were having a difficult time,...