COMMENTARY

Stocks Finish near their Lows; Volume Drops and Small Caps Lag

The market rebounds from the end-of-the-week selling from last week.  Early going was solid after positive economic data helped boost the market.  Homebuilder sentiment crept higher from February’s reading, but was below economists’ expectations.  Resistance was hit...

Big Wave Trading Portfolio Update And Top Current Holdings

Due to a weekend away from home, there will not be a full update this weekend. What is important is that our market model has switched to a NEUTRAL condition following the sell off on Thursday. There is too much evidence in individual stocks, old sector leadership,...

Market Model moves into Neutral Mode

This morning’s economic data helped boost the market, but it couldn’t keep the market afloat for the entire day.  Major distribution struck down on the entire market as sellers simply overwhelmed the market.  So much so today’s outside reversal has ended our current...

Stocks Find Support, but Volume is Light

Out of the gate sellers took to the market slamming prices lower, but it wouldn’t last too long.  Just before 10 am the market was able to find its footing and begin its march higher.  Volume from the onset was tracking higher and it was attributed to the selling...

Quiet Day in the Markets; Stocks Finish off their Session lows

Friday’s better than expected jobs report has been overshadowed by geopolitical events and a possible terrorist attack on a Malaysian Jetliner (let the facts sort out speculation).  The NASDAQ closed lower for the third day in a row, but was the major index out of the...

Big Wave Trading Portfolio Update And Top Current Holdings

The Big Wave Trading Portfolio remains under a BUY signal with the SP500, Nasdaq, and Russell2000 all hitting more new highs. As is usually the case at these moments, the Big Wave Trading Portfolio is fully invested with very little cash on hand. While we are fully...

Markets Shrug off Putin and Blast Higher

Big volume surged into the markets today as the markets ignore geopolitical actions.  Pushing to all-time highs the S&P 500 wasn’t the biggest winner of the day.  The Russell 2000 gained more than 2.75% the clear winner on the day.  Coming in second was the NASDAQ...

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