Solid Trading Session

Due to a full fledged flu there is no commentary tonight.  This market is strong and we have six new longs. See you back here tomorrow night.
Afternoon Selling Erases Morning Gains; Volume Subsides

Afternoon Selling Erases Morning Gains; Volume Subsides

Once again buyers were out in the morning sending stocks to the highs of the session.  The dollar rebounded today likely putting pressure on stocks, but tomorrow’s release of the last Federal Reserve meeting minutes have some on edge.  Volume was lower across the...

Stocks Erase Early Losses; Volume Creeps Higher

Coming off a long weekend after the Easter Holiday traders had a chance to digest a very disappointing non-farm payroll figures.  Today’s ISM Non-Manufacturing figure came in as expected, but failed to really wow from an economic standpoint.  Prior to the 10am release...

Big Wave Trading Weekend Update And Top Current Holdings

The Big Wave Trading models are under a bit of a mixed bag as we have some indexes looking neutral-strong like the Russell 2000, Nasdaq, and Nasdaq 100. Some indexes looking neutral-weak like the DJIA, SPX, and NYSE. And some indexes looking outright ugly like the DJ...

Pre-Holiday Trade Ushers in Light Volume Advance

Tomorrow’s Good Friday holiday certainly had a few traders headed out early to get a head start on vacation.  Volume was considerably lower across the board, but given the holiday and new month today’s volume does not come as a surprise.  Not much out there today...

Stocks Pullback to Start the Third Quarter

In a near freefall, the market fell immediately after the opening bell setting the day’s lows in the first 30 minutes of trading.  ISM manufacturing data disappointed as many expected the manufacturing sector to grow more than it did.  While still expanding it...