COMMENTARY
Volume picks up from Friday’s level; Russell 2000 leads the market higher
Traders coming off a long holiday weekend were greeted with a slew of economic data as well as a positive open. Not much negativity from this morning’s economic releases to speak of, unless of course you dig into the numbers and find something to complain about. ...
Big Wave Trading Portfolio Update And Top Current Holdings
Not much changed for us over here in Maui the past week, as stocks drifted higher into near new high ground for the NYSE and DJIA. The SP-500 managed to close at new all-time highs and the Nasdaq retook its 50 day moving average. Sadly, the one index you would like to...
NASDAQ Rises on Higher volume; NYSE Volume Lags
We continue to see an improvement in the NASDAQ and today’s move while not massive was certainly a step in the right direction. Volume was mixed on the session with institutions appeared to be active in NASDAQ listed stocks. We are getting quite a few breakouts here...
Stocks rebound, but Volume disappears
Stocks reacted positively to the release of the most recent Federal Reserve meeting minutes. Unfortunately, while price action was nice the lack of volume is somewhat interesting. Where are the institutions piling into stocks? Volume is an indication Institutions...
Volume picks up as Stocks Drop
Economic data took a hiatus today while a few Fed Officials made comments. Tuesday’s have been the darling of the market, but no more. It now has become Tumbling Tuesday. Leading to the downside comes to no surprise as small caps suffered the brunt of the today’s...
Stocks Push Higher on Super Light Turnover
Much like the prior Monday today’s market lifted higher in very light trade. The market was led by the NASDAQ and Russell 2000. AAPL and GOOG were two stocks helping out the technology stocks today. We still are without a follow-through day on the NASDAQ and while...
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...
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