August Kicks Off with Weakness

A barrage of economic data cross the wires this morning helping push futures higher at the open. Seasonality continues to prop up economic data, but the market simply has either moved past or continues to ignore lackluster data. Today’s market saw its ups and downs....

New Highs for the NASDAQ as Volume Slides On the NYSE

Earnings continue to be a focus for many as gains continue to pile on for the market. End of the day selling did sour gains a bit, but we were still able to close positive. Volume was lower on the session as summer trading continues. Leading stocks continue act well...

Stocks Rise after Fed Statement

Post Fed stock market action lived up to its past history with a big move after the Fed Statement was released. Sellers were able to knock the market into negative territory just after 11amEDT. However, buyers cheered the FOMC statement as well as Janet Yellen’s...

New All-Time Highs for S&P 500 and Dow

Worries about rising yields and a Greek default would not hold back the stock market making gains today.  Small caps led the day, but it was the S&P 500 and Dow Jones Industrial Average hitting new all-time highs.  Volume was lower, but competing against an...

Yellen Valuation Comments help Push Market Lower

A day after we entered into a sell mode the market continue to sell off in mixed trade.  Volume ended just lower on the NYSE, but nearly 6% higher on the NASDAQ.  IBD joined in on the correction mode as it flipped its model into correction mode.  Leading stocks...