COMMENTARY
Big Wave Trading Portfolio Update And Top Current Holdings
"I learned that an opinion isn’t worth that much. It is more important to listen to the market." -Brian Gelber "Most traders who fail have large egos and can’t admit that they are wrong. Even those who are willing to admit that they are wrong early in their career...
Distribution Hits the Market; LNKD Jumps After the Market Close
A better than expected jobless-claims figure was overshadowed by an overwhelmingly disappointing ISM non-manufacturing reading. Sellers dominated the day pushing stocks lower all day as volume rose on the day. The NASDAQ now with two days of distribution and the S&P...
Euro Stocks Head Lower, but US Stocks Find Footing Close Near Highs
A lower than expected ADP payroll figure soured the market mood at the early going. Friday’s jobs report is just around the corner and the ADP figure certainly points at a disappointing figure Friday. Volume started out the day running hot, but cooled as the session...
Small Caps Reverse Hard Intraday as Stocks Close Well off the Highs of the Session
Positive ISM figures helped the market surge to the session highs only to see sellers take away the day’s gains. ISM Manufacturing grew more than expected and buyers jumped at the chance to move into the market. However, by the afternoon cracks began to become...
Stocks End April Lower for the First time Since November
Weak economic news helped put a stop to the recent bounce off the lows as the market put in its first negative month since November 2011. Volume came in lower on the day despite the market closing lower. Certainly a positive sign, but we’ll need to see the market need...
Big Wave Trading Portfolio Update And Top Current Holdings
"When you are starting out, it is very important not to get too far behind because it is very difficult to fight back. Most traders have a tendency to take risks that are too large at the beginning" - Gary Bielfeldt "Professional traders manage their trading to assume...
Second Day of Solid Gains Pushing Market Model Back to Buy
Another great day of stock market gains despite AAPL taking a back seat consolidating its gains from Wednesday’s market. Volume ended mixed, higher on the NASDAQ for the second straight day showing institutions are scooping up shares on the NASDAQ. The buying spree...
AAPL Boosts the Market as the Federal Reserve Announces Rate Policy
The story of the day was none other than AAPL producing fabulous earnings. On the negative side durable goods orders was much lower than expected, but failed to derail the euphoria surrounding AAPL’s earnings. The stock comprises 17% of the NASDAQ 100 and a nearly 9%...
AAPL Blows Away Earnings as Stocks end Mixed on Light Volume
Disappointing housing market numbers kicked started the morning economic news, but a better than expected Richmond Fed Manufacturing index was a nice surprise. While the rebound outside of the NASDAQ was nice to see the lack of volume was quite unimpressive. The real...
Stocks Finish off the Lows but Can’t Shake European Jitters
French elections and a debacle in the Netherlands helped spook investors sending European stock markets lower on Monday. Fears spread across the pond to the US as premarket futures were down close to one percent. There wasn’t any economic news to rattle the markets,...
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