COMMENTARY
Markets Close in the Red After a Disappointing March Jobs Report
The March jobs report released on Friday was quite disappointing as just over 100,000 jobs were created. A record number of people leaving the labor force helped unemployment drop to 8.2%. Futures indicated the market wasn’t about to respond well to a poor jobs report...
Despite Late Day Rally Stocks Fall Hard as Volume Rises
Today’s market session sends the market into correction mode switching the Big Wave Trading market model to neutral. Selling dominated the session as gold and silver prices fell hard on the news the Fed would not immediately step in with QE3. Volume jumped on the day...
Late day surge lifts stocks off the lows after Fed downplays QE3
The market will have to go it alone without the Fed as the FOMC meeting minutes revealed the central bank is sitting on its hands. What was the impressive part of the day was not the move off the lows of the session, but leading stocks kicked ass and took names. While...
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Taking A Look At The Leisure-Travel Booking Sector's Top Stocks
Stocks Kick the Quarter off in the Green but Volume Slips
The second quarter of 2012 got off on a good foot with Small Caps leading the market higher. Volume slipped off of Friday’s levels indicating traders and investors alike were not overly eager to buy up stocks. Positive news from ISM readings where the ISM...
Big Wave Trading Portfolio Update And Top Current Holdings
The biggest cause of trouble in the world today is that the stupid people are so sure about things and the intelligent folks are so full of doubts. -- Bertrand Russell It is not the strongest of the species that survive, nor the most intelligent, but the ones most...
Stocks Erase Early Losses as GDP Disappoints
The big economic news story of the day was the announcement of GDP leaving weekly jobless claims on the back burner. Disappointing at a 3% reading GDP failed to inspire the US has been chugging along at a good clip. Jobless claims fell more than expected, but remains...
Nice Late Day Rally But Distribution Days Are Piling Up
A lighter than expected durable goods figure didn’t help out the market to begin the day. Sellers stepped up their operations just after the 10 o’clock hour. Intensifying just after 11 the selling continued pushing the market to the lows of the session. Volume jumped...
NASDAQ Stalls Out with Small Caps Leading the Market Lower
Just when you think the market is about to bust higher it stalls out on us. Today’s market action while not entirely bearish certainly throws a monkey wrench into the mix. NYSE volume was lower giving the S&P 500 a nice day of consolidation. It was late day selling...
Stocks Race Higher; Volume up but Below Average
The one thing lacking was above average volume, but that didn’t stop the bullish action on stocks. Leading stocks were quite bullish today a very healthy sign for the market going forward. The S&P 500 and the NASDAQ both saw volume come in below average suggesting...
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