COMMENTARY

Stocks continue to hit New Highs but Volume ends Mixed

Better than expected Jobless Claims figures helped start the market off in the green. Around the globe markets lifted on continued hope endless money printing will assist in ushering in economic growth. Volume ended mixed with NYSE volume expanding while the NASDAQ...

Dow and S&P 500 End Higher for the Fourth Consecutive Day

A positive reading from the ADP employment survey helped fuel stocks early pushing the Dow further into all-time high territory. BAC helped push the Dow as the stock aims to hit new highs on strong volume. By mid-day the markets were off their highs awaiting the...

Stocks Jump to New Highs as Dow Closes at Historic Highs

A better than expected ISM Non-Manufacturing reading on the back of strong new orders helped push the market to the highs of the session. Volume expanded on the day a good sign for the markets as the NASDAQ had a follow-through day. AAPL reversed its downturn heading...

GOOG and AMZN lead the Market higher Despite Light Volume

Stocks moved higher despite the Shanghai dropping 3.65% as the country tries to solve its real estate issues. Intraday volatility continued, but stocks were able to find their footing after the lunch hour. Lows were set just after noon time and did not look back....

Stocks Rebound but Volume Falls

Positive economic data fails to lift stocks initially as the market focuses on Bernanke’s testimony. Europe continued to succumb to the Italian problem. Volatility dropped after jumping 34% yesterday, but despite the market rebounding volume did not follow. Monday’s...

Stocks Pop and Drop on High Volume

Today’s start to the day appeared as if the market as about to resume its bullish trend. Economic data was non-existent besides a disappointing Flash PMI out of China. Europe was rallying hard on hopes of an optimal Italian election outcome. By mid-morning it became...

Big Wave Trading Portfolio Update And Top Current Holdings

The Big Wave Trading Portfolio Model remains under a BUY signal from 1/2/13. There is added pressure arising on the overall model, thanks to the Wednesday and Thursday distribution days and the overall wedging pattern of the overall uptrend. This, along with the lack...

Poor Economic Data and Europe Woes Weigh on the Market

World markets were reacting to very poor flash PMI data out of Europe. Futures were lower, but were dealt more blows with disappointing US economic data. Jobless claims rose more than expected, but a big drop in the Philly Fed Index showed how weak this economy really...

StockTwits Feed

StockTwits

Follow BigWaveTrading


Follow BigWaveTrading on Twitter and StockTwits