Headline Drives Stocks off Lows

A regurgitated headline was a great excuse for traders to trip over themselves to drive stocks off their lows. Another OPEC headline of a production cut was an easy reason for stocks to rally. The headline came just as the S&P 500 touched 1812 a … [Read more]

Yellen Disappoints Traders; Stocks Lower

The market wanted something out of Yellen it did not get. All the morning gains were gone by the end of the session as Yellen never took a rate hike in March off the table. Even with slim odds of a rate hike in March the market definitely needed to … [Read more]

Lackluster Trade continues; Cash remains King

Just another day in the markets and another day where intraday volatility was big again. Early morning losses were quickly gobbled up by buyers, but the market would stall and fail to close in the green. For the day we ended with a dud and we … [Read more]

Stocks Slide but Rally hard off of Lows

This market continues to move lower while investors continue to be complacent. The VIX remains at a lower level then we saw in August of last year. We simply do not have any fear this market may continue to fall lower. Banks continue to suffer heavy … [Read more]

Big Wave Trading Weekend Update And Top Current Holdings

It is Super Bowl weekend so I am going to make this weekend update short and sweet. Our operational models all remain under across the board SELL signals in every major market index. This has been the case all year long in 2016 and will continue to … [Read more]

Transports Jumps 3% as Traders await January Jobs Report

A positive for this market was we were able to withstand any selling, but pushed forward a bit. The Dow Jones beat out the S&P 500 and NASDAQ Composite for the second day in a row. Dow Transports jumped more than 3%. Volume did not overcome … [Read more]

Falling Dollar Lifts Stocks; NASDAQ Lags

A big move in crude oil and the dollar getting hit hard helped propel stocks well off their session lows during Wednesday’s session. Crude jumped nearly 9% on the day after falling 6% in back to back days. GOOGL and AMZN did not fare as well as the … [Read more]

Crude Tumbles Again; Bonds Rally as Stocks Fall

Despite gains from Alphabet (GOOGL) the market could not hold off sellers as crude oil sunk more than 5% on the session. Bonds rallied on the day with the 10 year yield move below 1.9%. Why this is occurring is anyone’s best guess, but we are not … [Read more]

Crude Falls, but late Day surge lifts Stocks

NASDAQ 100 led the market higher while the S&P 500 and Dow finished flat on the session as crude oil prices slumped. Small caps fared the worst with a decline of 30bps. FB continued its march into new high territory while AMZN struggled again. … [Read more]

Big Wave Trading Weekend Update And Top Current Holdings

This weekend's update is a video commentary/lesson. Enjoy! https://www.youtube.com/watch?v=N5BeOM0O_1Y TOP CURRENT HOLDINGS - PERCENT GAIN - GAIN SINCE SIGNAL DATE UVXY long - +45% - 12/2/15 ANFI long - +33% - 11/16/15 AGRO long - +29% - … [Read more]