COMMENTARY
Big Wave Trading Portfolio Update And Top Current Holdings
The Big Wave Trading Portfolio remains under an odd mix of signals currently, with the Nasdaq and Russell 2000 under SELL signals and the NYSE, DJIA, and SP-500 under BUY signals. The current nature of the tape is one where cash is clearly king for EOD trend following...
Stocks finish off their lows, but close lower; Volume pours in
Sellers won the day and the surprise was the Dow leading the charge lower. Volume jumped day-over-day in the heaviest volume of the week. Better than expected jobless claims and empire manufacturing were “good” news. On the flip side you had the Homebuilder...
Stocks Fall as Food Prices Jump
A surprise uptick in producer prices threw caution in the wind as food prices jumped nearly three percent in the month of April. From the start stocks started lower, but maintained a tight range for much of the day until 2:30 EDT today. Sellers began to hammer the...
More All-Time Highs for the S&P 500 and Dow Jones Industrial Average
A disappointing retail sales figure seemingly helped both the Dow and S&P 500 hit new all-time highs. However, the party wouldn’t last very long as sellers were able to push back the market for much of the trading session. Closing lower again were the NASDAQ and...
Stocks Race Higher on Vapor; Dow and S&P 500 sit at All-Time Highs
Bullish expectations jumped on Monday as many market participants were happy to hear the rumor regarding ECB opening up to mimicking the US FOMC and running a QE program. Buyers jumped out from the gate, but they weren’t out in full force. Monday’s typically are light...
Big Wave Trading Portfolio Update And Top Current Holdings
The Big Wave Trading Portfolio is in a very odd mix of signals currently with the Nasdaq and Russell 2000 still under a very strong SELL signal, the SP-500 and NYSE basically under a NEUTRAL/soft SELL signal condition, and the DJIA under a soft BUY signal. Due to...
Dow Remains King of the Hill; Volume Slips
Today was a roller coaster ride for stocks as the NASDAQ and Russell 2000 head in the opposite direction of the Dow Jones Industrial Average. At the onset stocks opened lower, but quickly found a bid and continued to stay in positive territory until the 30 year...
The Dow leads the market higher; Volume ticks higher
This market is certainly a tale of two tapes. On one hand you have the Dow Jones Industrial Average nearing all-time highs and on the other you have the Russell 2000 unable to hang above its 200 day moving average. Volume was up on the session, bigger on the NASDAQ...
Tumbling Tuesday: Small Caps lead the Market Lower in higher Turnover
Turnaround Tuesday turned into Tumbling Tuesday with today’s aggressive move to the downside by Small Cap stocks and the NASDAQ Composite index. Preliminary volume metrics show volume was higher across the board from Monday’s session as stocks like TWTR move to new...
A Slow Day on the Street; Stocks Rebound from Early Losses
There wasn’t much exciting hit the street today unless you are into watching financial news. Volume was off quite a bit as it appears many market participants weren’t willing to hop into the market today. Utilities were the winners of the day leading the S&P 500...
Follow BigWaveTrading
Follow BigWaveTrading on Twitter and StockTwits