COMMENTARY
Volume subsides as stocks finish well off their highs
Economic data gave a boost to premarket futures pushing the market to gap more than one percent at the open. The euphoria at the open did not last long unfortunately as sellers took to the market. It wasn’t long before the NASDAQ dipped into the red; buyers weren’t...
AAPL Staggers as the NASDAQ leads the market lower
Buyers had post Federal Reserve policy statement hangover for much of the trading session. Volume rose on the NASDAQ, but fell on the S&P 500. Price action looks pretty iffy on both indices with the S&P 500 joining the NASDAQ composite below their respective 50 day...
Federal Reserve holds off on QE3 sending stocks lower as volume jumps
Advance retail sales were much lighter than expected, but the news failed to bring down futures in pre-market trading. The market was awaiting news from the Federal Reserve at 2:15pm EST. Volume was light heading into the meeting as institutions once again on the...
Stocks fall, but late day surge helps stocks close well off the lows
Europeans continue to dominate the headlines while the Shanghai Composite continues to strike new 52 week lows. News outlets continue to focus on the European markets and their debt situation while completely ignoring what is going on the mainland of China. Early...
Big Wave Trading Portfolio Update
Big Wave Trading is currently long numerous positions in the IRA and margin accounts. These accounts will both be heavily invested after the round of purchases on Monday. The overall model continues to be in a neutral mode (due to the lack of volume follow through...
Wrapping Up The Week With A Couple Of Charts
I am not much into the macro, when it comes to taking buy and sell signals, as it is useless in my system. However, I know how severely things are screwed up out there. I also know how little the politicians of both parties do not give a rat's behind about you or I....
Eurozone headlines continue to disappoint as stocks slammed by sellers
Late day headlines regarding the current Eurozone situation fail to inspire and sellers take to the market pushing stocks to the lows of the session. Volume rose on the day, but once again was below the 50 day average volume. Institutions weren’t out in full force...
Another bailout fund for Europe, but market responds quietly
Very little economic news hit the wires this week, but they would have been overshadowed by European headlines. Volume continues to be well below average suggesting institutions are and continue to be on the sidelines. Late in the trading session headlines emerged of...
New Seeking Alpha Article (TRAK ALLT FTNT)
Three Growth Stocks Set For A Santa Claus Rally
NASDAQ Lags as the market get news of another European rescue fund
The markets were quite boring today, even news European leaders were discussing a second bailout fund couldn’t spark much interest from institutions today. Volume ran lower across the board as institutional players continue to sit on the sidelines. As the Financial...
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