Market Begins week with Gains

A solid start to the week with gains across the board as the Trump Bump continues to grow. Volume was lower across the board, but typical for a Monday. We continue to see a healthy market despite what many may think. The NASDAQ continues to obey its 10-day moving...

Big Wave Trading Weekend Update: Price Is All That Matters

The past six weeks has been a perfect example of why you should always obey your signals and never obey your feelings or emotions when it comes to trading the stock market for a living. For the past six weeks, I have been nervous about the overall bullish sentiment...

Low Volatility Remains; NASDAQ Inches Higher

The story of this market continues to be the lack of volatility despite the Trump bump. It has been 37 days since the S&P 500 has seen a 1% move. While the put/call ratio has been above 1.0 we continue to see the VIX remain near multi-month lows. There is a lot of...

Big Wave Trading Weekend Update

Price action. Price action. Price action. This is what it is all about. When you consider all the noise the past two weeks, there still has been one consistent piece of data the entire time. If you take a look at a daily chart of the SP-500 or the Nasdaq you can see...