Help Lines


Get this daily commentary delivered straight to your email as soon as it is posted each day!
E-mail Address :
We never share your email. Read our privacy policy


 MORNING MARKET COMMENTARY   - Friday, March 06, 2015  
Adam Sarhan Major Averages Rose With Lighter Volume Totals
Kenneth J. Gruneisen, Founder and Contributing Writer,

Stocks quietly finished Thursday higher. The S&P 500 advanced 2 points to 2,101. The NASDAQ gained 15 points to 4,982. The volume totals for the session were lower than the prior session total on the NYSE and on the Nasdaq exchange. Advancers led decliners by an 8-7 margin on the NYSE and 4-3 on the Nasdaq exchange. Leadership improved as there were 37 high-ranked companies from the Leaders List that made new 52-week highs and appeared on the BreakOuts Page, up from the prior session total of 30 stocks. The total number of new 52-week highs outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. There were gains for 9 of the 14 high-ranked companies currently on the Featured Stocks Page.

Concerning the M criteria, ongoing gains for the major averages have established a confirmed uptrend with a healthy crop of stocks hitting new highs.  New buying efforts should only be made in stocks meeting all of the fundamental and technical guidelines the fact-based investment system.


PICTURED: The Dow climbed 38 points to 18,135

The major averages reversed course to finish marginally higher ahead of Friday's important non-farm payrolls report. Foreshadowing the report, the number of unemployment claims last week rose to 320,000, the highest level in nine months. Additionally, January's measure of factory orders unexpectedly declined -0.2%.

At the close, six of the 10 S&P 500 sectors finished higher. Bank of America (BAC +1%) and financials were a notable outperformer as the DFAST reports come out after the close. Health care also showed strength as M&A activity helped lift Mallinckrodt (MNK +4.7%). Energy was the worst performing group. Exxon Mobil (XOM -0.5%) edged lower on WTI price declines.Treasuries were little changed ahead of the pending labor report. The benchmark 10-year note climbed 1/32 to yield 2.11%. However, the long bond fell 4/32 to yield 2.73%.

Commodities finished mixed. WTI crude lost -1.2% to $50.94/brl, but cold weather helped lift natural gas +2.6% to $2.84/MMBtu. Meanwhile, gold lost -0.3% to $1,197.90/ounce. In FOREX the dollar gained 0.5% as the euro lost 0.5% to $1.1025/EUR and the yen fell 0.4% to 120.15/USD.

The Featured Stocks Page shows recent notes and Headline Links directing members to detailed analysis with data-packed graphs annotated by a Certified expert.  See the Premium Member Homepage for archives to all prior pay reports published.

 The Gold & Silver Index ($XAU -0.22%) edged lower and the Integrated Oil Index ($XOI -0.89%) fell while the Oil Services Index ($OSX -0.05%) finished flat. The Retail Index ($RLX +0.52%) posted a modest gain and financials were also a positive influence on the major averages as the Broker/Dealer Index ($XBD +0.73%) and the Bank Index ($BKX +0.37%) both rose.  The Biotechnology Index ($BTK +2.28%) led the tech sector higher while the Semiconductor Index ($SOX +0.10%) eked out a small gain and the Networking Index ($NWX +0.03%) finished flat.

Charts courtesy

PICTURED: The Retail Index ($RLX +0.52%) posted a small gain and it is perched near its all-time high.

Click Here to TELL-a-FRIEND about - if you know someone who might appreciate this report or find the features on our website useful.  As's subscriber base grows, we are able to offer more great resources to help you become a more successful investor.   We appreciate any feedback members may wish to send via the inquiry form here.
THESE ARE NOT BUY RECOMMENDATIONS!  Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. is not an investment advisor, hence it does not endorse or recommend any securities or other investments. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

This report is a service available only to active StockNews Members. You may opt-out of receiving report notifications at any time.  Questions or comments may be submitted by writing to 665 S.E. 10 Street, Suite 201 - Deerfield Beach, FL 33441-5634 or by calling 1-800-965-8307 or 954-785-1121.


The recommendations made by CAN SLIM® Certified individuals are their own and may not be attributed to the CAN SLIM® Certification Program, William O'Neil + Co., Investor's Business Daily or their affiliates. The CAN SLIM® Certification indicates only that the individual has successfully completed the CAN SLIM® Certification Program. CAN SLIM®, William O'Neil + Co., Investor's Business Daily and any of their affiliates are in no way responsible for any loss or damage caused as a result of the services provided by these individuals.

Copyright © 1996-2015 Gruneisen Growth Corp. d/b/a  All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties.  The names "CANSLIM" and "CAN SLIM®" are service marks and trade names of Investor's Business Daily, Inc., a California corporation, and are used by Gruneisen Growth Corp., a Florida corporation, under license. GGC is solely responsible for the operation of and opinions expressed in this Website. Daily Graphs® and Daily Graphs Online® are registered trademarks of William O'Neil + Co. Incorporated and are used with permission.

Privacy Policy | Terms of Use | Contact Us