Boring Day as Stocks Inch Higher

Anyone watching the market today was more than likely bored to tears.  Today we witnessed a light volume trading session with very little in the way of excitement.  You do get these types of days every now and again, but the key is not to force trades.  A theme of...

Big Wave Trading Weekend Update And Top Current Holdings

Aloha everyone. The Big Wave Trading market models are currently under an across the board operational NEUTRAL condition with the Russell 2000 under an operational SELL condition. We continue to hold our long-term winning stock positions and are currently around 60%...

Distribution Shakes the Market

Following through on yesterday’s poor action sellers hit the market hard once again today.  End-of-the-month volume pushed the market to a distribution day across the board.  Today’s session knocks us back into neutral mode as this selling pressure continues to...

US GDP falls short; Fed holds off on Raising Rates

Not a surprise to see first quarter GDP disappoint as stocks are unable to find their way higher.  The Federal Reserve policy statement failed to spark enough buyers to push stocks back to positive territory.  Another weak close for the entire market as we continue to...

A Wild Ride as Stocks Close Mixed

A pop at the open was quickly erased as sellers rushed into the market pushing to the lows of the session.  Case-Shiller home prices showed some decent gains helping ease some of the premarket selling in futures.  The selling came fast and furious, but in this...