Thursday started the day off weak only to reverse and finish on the highs. Volume was a little lighter than Wednesdays for the NYSE and NAsdaq, leaving a very lack luster afternoon for traders. Dribbled up was about all we had to work with. With a light volume rise we have reason [...]

Tuesday brought a nice up day, still within a narrow range, but nice upside on higher volume than we saw on Monday for an accumulation day. Crude bounced back a little after Monday’s sell off. To close up 38 cents at $61.89 on the day. Gold also popped back today to close [...]

Thursday finished the day green, but on anemic volume. Definitely the pre holiday kind of market. Finished the week up and left us with 4-6 days up depending on which broader market you look at. Financials did not flourish like the semiconductors did throughout the week. Friday the equities markets were [...]

Wednesday did nothing more than wind around and basically not move. We closed slightly green on the day with very light volume which has dropped back under the 50dma. We are definitely getting shortened week action, which means lack of action ahead of a holiday. Keep in mind we just closed [...]

Tuesday brought us a very dull day but volume did manage to outpace yesterday’s to leave us with an accumulation day. Green across the board with out our gap and go day, doesn’t make for an easy day, but it did lift the markets. Crude fell to help equities breathe a sigh [...]

Monday closed on lighter volume than we had on Friday across the broader markets with narrow range days slightly green. Market held off a disappointing ISM number and managed to hold onto support with a weak Nasdaq. Gold closed up $2.50 at $671.50 on the day. Crude closed up 17 cents to [...]

Wednesday brought the sellers out to drop the market throughout the day. Chairman Bernanke did not have his bullish impact today! It was what he didn’t say that scared the market, he did not elude to cuts or increases. He is watching the growth and what he said to be slowing [...]

Tuesday brought another narrow range slow day. Red across the board, but overall very quiet day. The market is a little skittish ahead of Fed Chairman Bernanke on Wednesday. The speech is before Congress and may clarify where he stands with rate changes in the near term. Oil closed up 63 [...]