High Beta Stocks Get Pummeled

by | Dec 1, 2014

Early morning selling was the story of the session after last week’s holiday shortened week.  AAPL even appeared to flash crash during the first 30 minutes of the session.  It was clear from the start high beta stocks were targets of sellers and they were not going to...

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

by | Jul 23, 2014

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. ...

Stocks Lift Higher as Volume Disappears

by | Apr 23, 2013

Led by MSFT the NASDAQ led the market higher. Existing home sales disappointed, but the disappointment wouldn’t last very long. Buyers did not have much resistance as sellers weren’t putting up much of a fight. Volume was light even with the solid price gains. MSFT...

$MSFT and $FSLR Lead the Market Higher

by | Apr 9, 2013

Unable to hang to the highs of the session stocks finish higher as volume jumps over Monday’s depressed levels. Wholesale inventories jumped more than expected in the month of February throwing a kink into first quarter GDP. Breadth on the NASDAQ ended in favor of the...