COMMENTARY
Financials and Semis Drag Down Stocks in Increased Trade
More fears over in Europe crept into the market during the early morning going. The market was able to tread water throughout the day, but volume was moving to the upside and with authority. Institutional players stepped up a bit today and showed their true hand, net...
Thursday's Premium Subscriber Analysis
While MarketSpeculator completes his vacation I felt that I would post this for everyone so that you can see what I said to subscribers after Thursday's stock market session: It’s groundhog’s day! Anybody remember that Bill Murray movie? It appears that is the...
Stocks End Mixed; NASDAQ Gains
Coming off a long weekend stocks opened mixed and ended mixed. There was no question volume was lower, giving the S&P 500 a solid day of consolidation. The NASDAQ was helped along by NFLX, AAPL, and GOOG. NFLX announced it was expanding its service to Latin America...
Financials Play Catch-up as Volume Jumps
Greece past austerity measures sending thousands to the streets protesting giving sellers a reason to push down technology stocks. Volume began to creep higher as the morning wore on, but financial stocks began to pick up steam keeping the S&P 500 a float. Not giving...
Stocks Rise After Friday's Mis-Step
Monday got off to a rocky start as stocks dipped below Friday's low. A weak consumption figure did not help stocks get off to the right foot, but buyers were able to step in and kick up some buying. Volume was well off Friday's bloated level after the Russell...
Crude Falls Hard as NASDAQ Shines
Disappointing economic data kicked off the morning session with heavy volume selling. The real story to kick off the day was the IEA releasing crude oil from strategic reserves. Crude fell immediately and at one point sported a $89 handle. Crude was able to find a bit...
Bernanke Fails to Deliver Stocks Fall
Stocks fail to add to Tuesday gains as Bernanke fails to deliver inspiration to bulls. Bernanke did not hint at another round of Quantitative Easing and market participants did not take well to the news. Throughout the day the market held near the highs of the day...
Oversold Conditions are No More; Stocks Confirm a New Market Rally
From the get-go buyers were out in full force scooping up shares. The S&P 500 and NASDAQ had big price gains and volume coming in to confirm a new market rally. There was much to cheer about this one day wonder, but do not get overly giddy. Remember, June first saw...
Volume Falls Flat as Stocks Rise
This is a big week as the FOMC Rate Decision will be released on Wednesday at 12:30pm EST. The lack of volume today is an indication big institutional funds are going to wait until the Federal Reserve Chairman Ben Bernanke speaks on Wednesday. Today would have been a...
Weakness Continues as Fear Finally Appears in the Market
Yesterday’s action turned out to be a one day wonder as the market gave back all of yesterday’s gains and then some. Crude oil was a big loser dropping more than four dollars, fueled by weak economic data and issues in Greece sellers were out in full force. The...
Follow BigWaveTrading
Follow BigWaveTrading on Twitter and StockTwits