Small Caps Reclaim Major Moving Averages; Dow Slips

Today we will see the Russell family of indexes reconstitute. The Russell Rebalance event is a yearly even where all the Russell family of indexes rebalancing. We will see a massive amount of volume flood the markets at the end of the day as institutions adjust their...

Fed Comments Help Ease Trade Fears; Stocks Higher

A solid day for the equity markets as stocks rebounded after Monday’s hefty losses. Volume was lower across the board as the NASDAQ 100 led the way followed closely by the Russell 2000. Day 1 of an attempted rally for this stock market. Would have loved to see volume...
Carnage at the Close; Stocks Fall Again

Carnage at the Close; Stocks Fall Again

After an impressive open the final hour of trading saw the NASDAQ lose more than 100 points and the Dow lose more than 500 points. The selling was relentless at the close and completely shut down the morning rally after the Chinese cut lending rates. We continue to...
Market Rises on Hope of a Greek Debt Deal

Market Rises on Hope of a Greek Debt Deal

After yesterday’s selling there was some hope a Greek deal could be had by the end of the day. Stocks were higher across the board with the NASDAQ leading the charge. Blame will solely be placed at the feet of the Greek politicians if this market rolls over. However,...

Stocks Battle Back from Morning Lows

Early morning jitters over global unrest gave way to buyers as early morning lows were quickly forgotten.  Pending home sales disappointed as month-over-month pending sales sank 1% while year-over-year fell more than 4%.  Perhaps bad news is good news in hopes to keep...