COMMENTARY
Dollar Rallies Sending Stocks Lower
Stocks end lower, but a last minute rally saves the market from closing on its lows Distribution hits the market as the dollar rallies and stocks fall. Volume rose across the board from Monday’s level. Selling accelerated late in the day as the dollar continued its...
Testimonial
Hi Josh/MS This is a short thank you for starting me out on my first year of investing. I have two accounts; one ended my first year up around 20% and the other down around 20%. Both were the same size so I'm flat for the year. The one down 20% I traded options on....
Volume Drops as Stocks Consolidate Gains
Stocks take a much needed rest after last week's gains A day of consolidation is what the doctor ordered for the market. Financials took a breather from last week’s gains as the majority of the market took a break too. Volume ran lower across the board as the NASDAQ...
Stocks Jump on Big Volume as Commodities Lead the Way
Small Cap stocks lead the way as the Federal Reserve fuels the market rally Hitting 2 year highs stocks add to gains after the Federal Reserve announced its second round of quantatitive easing. Commodities benefited from more dollars flowing into the market. ...
Stocks Rebound on Federal Reserve Announcement
The market responds positively to the Federal Reserves $600bn asset purchase plan Big two market events down, one to go for this week. The Republicans stormed the elections with big wins in the House of Representatives, but failed to make a big push in the Senate. ...
The Market Advances on Mixed Volume
Traders anticipate positive news from the mid-term elections and the Federal Reserve Rate Decision Election Day is here and the market cheered its arrival. Volume on the NASDAQ slid higher while he NYSE volume skidded slightly compared to yesterday’s levels. ...
Stocks Roll-over as April Highs Act as Resistance
Stumbling uptrend awaits Mid-term Elections, Federal Reserve, and the Unemployment picture April highs proved to be too much for the market as sellers took to the market just shortly after the major indexes reached their April highs. NYSE volume run rate was higher...
The Trend of Intraday Reversals Continue
Morning selling gives way to afternoon buying Better than expected jobless claim figures helped push stocks higher at the open. Volume jumped at the open as investors cheered, but the happy times did not last for much longer. Sellers took to the market pushing...
Stocks End Mixed but with Positive Underlying Strength
Stocks find support at the days lows and move to close off the highs of the day Technology heavy NASDAQ leads the market off the lows as a major intraday reversal puts a positive spin on the day. As of late mid-day trading has been challenging for the market. Even...
Buyers Erase Early Losses as Volume Ends Mixed
Market Leaders continue strength Early selling pressure quickly dissipated as buyers stepped up to push stocks well off their lows of the session to close positive. Better than expected Consumer Confidence and Richmond Fed Manufacturing Index figures fueled buyers...
Follow BigWaveTrading
Follow BigWaveTrading on Twitter and StockTwits