Yesterday was a ride at the kiddie amusement park of the mini roller coaster. The up and down generated some amusing headlines on the financial networks, but when it was said and done it was a good lesson in risk management. The number one thing I heard from investors was concerning giving back profit. I [...]

The markets were boring yesterday, but the good news is they held the move higher from Friday. The challenge for you and I as investors is being patient enough to let things develop. But, the reality is the uptrend is still in play and our play list has benefited from the move higher. This is [...]

The jobs report ended the week with a rally and we start this week hoping for a follow through. The challenge will be no economic data until Wednesday and investors will be on their own to decide. News has been one of the driving factors for the markets this year. It will be interesting to [...]

Three days of digesting can cause indigestion for investors. It is a low volume, small range of trading and it is raising questions to the validity of the move off the February lows. I will be the first to admit it is a concern and something we have to protect against. Yes, this is a [...]

Weak dollar and mostly positive economic data couldn’t push the broad market through to higher ground. Is this the testing point for the bounce off the lows? Yes, the resistance here will prove to be a test over the next couple of days. Where we go from here is important short term. A retest of [...]

The market is enjoying the favor of the people short term. Take what the market gives, but remember the volatility is still in play as well as the current trading range. Nothing has really changed expect the short term direction within the range.
Technically the market is making the right moves to the upside. The break [...]

March starts off to the upside as investors pick and chose what they like. Technology, industrials, basic materials and healthcare received the most votes of confidence yesterday based on money flow. Nothing really changed relative to leadership only some reaffirmations on them. The volume was solid on the NASDAQ with the NYSE lagging which was [...]