Summer Trading Continues, NASDAQ hit with Distribution

by | Aug 10, 2017

Volume was mixed across the board as NYSE volume fell with NASDAQ volume rising on the session. The NASDAQ fell 56bps and given the higher volume is classified as a distribution day. We expect lackluster to weak action during the summer months and yesterday was a...

Thursday Morning Brief: Divergence Appears

by | Aug 3, 2017

Yesterday’s trading action was not precisely what you would like to see out of this market. First, it was nice to see support at the morning lows and for the market to shake off sellers. However, internally our portfolios saw a lot of weakness. Small cap stocks...

AAPL Jumps in After-Hours Dow continues Record Streak

by | Aug 2, 2017

It was just another day at the office for this market as we saw the Dow Jones Industrial Average strike another all-time high yesterday. NYSE volume edged slightly higher with NASDAQ lower. AAPL’s jump in after-hours trading will certainly aid the indexes as well as...

FB Leads NASDAQ Higher

by | Jan 28, 2016

Disappointing durable goods orders could not keep the market down as rising crude prices and FB pushed the market higher. First, FB reaction to earnings certainly boosted the market as the company destroyed expectations. Crude helped futures gallop higher after a...