COMMENTARY

Market Rallies off of Lows, but Close Lower

The big headline from the weekend was Russia moving into the Ukraine with ground forces.  Fears over a conflict spread throughout Twittersphere and Blogosphere.  Overnight we had geopolitical experts spewing nonsense regarding the situation.  Our focus is purely price...

Big Wave Trading Portfolio Update And Top Current Holdings

The Big Wave Trading Portfolio remains under a BUY condition across the board but following Friday's session there are some negative factors weighing on the model. While the uptrend remains on track, three issues on Friday that raised some very-short-term caution...

Stocks close with gains Volume Drops

We aren’t surprised to see this market closing higher and the NASDAQ hitting a new high today.  Volume wasn’t higher on the session as once again new highs are hit without volume.  Leading stocks continue to act real well and have been treating us quite well. ...

Sellers Dominate Afternoon Trading; Stocks Inch out Gains

A positive new home sales figure helped lift stocks to their highs, but they wouldn’t be able to sustain the new highs.  NASDAQ volume was lower on the session as volume on the NYSE was higher on the day.  Despite the lack of excitement in the overall markets we did...

Volume Falls across the board; Stocks Close lower

The market followed up yesterday gains with a relatively quiet day of consolidation.  Economic data continues to be mixed with Case-Shiller coming in slightly better than expected while the Richmond Fed index and Consumer confidence figures disappoint.  In the end it...

Late Day selling knocks Stocks off their Highs

Lead by the NASDAQ stocks encounter sellers in the final hour selling off into the close.  Gains were still solid on the day as the Russell 2000 led all gainers with a 1.03% gain.  S&P 500 closed with gains of .62% gain brining up the rear for the major market...

Big Wave Trading Portfolio Update And Top Current Holdings

The Big Wave Trading Portfolio is back under a BUY signal, following the strong showing of individual stocks on Monday and the return of the Russell 2000 and Nasdaq leading the market on a Relative Strength basis. The most important thing to me is how individual...

NASDAQ powers ahead, but Russell 2000 steals the Spotlight

A sluggish start would give way to buyers stepping up accumulating shares of those on the NASDAQ.  It was the Russell 2000 who would lead the market higher today as investors continue to pour money into the Russell and NASDAQ.  Volume on the NASDAQ rose, but fell on...

NASDAQ Ends Win Streak; Stocks Pullback

FOMC meeting minutes failed to inspire buyers to continue supporting a massive run in the market.  We certainly expected the market to pull in and today wasn’t all that atrocious as it could have been given we have moved so far in very little time.  Volatility jumped...

Small Cap Stocks Jump as the Dow Lags

A disappointing NAHB reading couldn’t hold back the Russell 2000 and NASDAQ composite for too long as buyers continue to pile into these two indexes.  The S&P 500 did finish in the positive territory, but still lags behind the NASDAQ.  Volume was lower on the...

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