The Dow Jones Industrial average lags as the NASDAQ and Russell 2000 continue their dominance.  Lagging the NASDAQ and Russell 2000, the Dow Jones Industrial average continues to be a weak spot in the market.  Today was no exception, but volume on the NYSE jumped.  Pushed by trading in Citigroup and AIG volume rose on [...]

Just another day in this uptrend where price action remains strong.  The last hour of trading would leaves a bit to be desired, but overall the action remains very positive.  This market continues to defy the odds as “overbought” indicators are signalling this market should pull back.  Regardless of a pullback we had plenty of [...]

Stocks run into resistance as volume dries up with many leaders pulling back in lighter trade.  A positive ISM non-manufacturing report gave stocks an initial push in the morning.  However, sellers were able to take control by mid-day as volume began to dry up.  The morning saw a surge in volume only to see volume [...]

Sellers dampened the mood in the afternoon as stocks close just off their lows.  Volume was higher on the NASDAQ and NYSE.  The NASDAQ was able to close above its open level, but the late day selling leaves a bit of a sour taste on the day.  All is not lost, we were able to [...]

Stocks managed to stage an impressive rebound after the market took a dive as jobless claims rose dramatically.  Stocks were sent lower during the morning session as volume swelled.  Much of the selling action was done in panic fashion.  Fear indicators also jumped as sellers dominated trading for much of the day.  Buyers were able [...]