COMMENTARY
A Group of Leading Stocks Fall in Fast Trade
Just when the market signals strength the rug gets yanked out from underneath leading stocks An earnings pre announcement form EQIX stock took down an entire technology sector. Big market leaders were taken to the woodshed as investors fled cloud computing stocks in...
Leading Stocks Advance as Volume Swells
Positive Economic Data helps stocks push higher What a difference a day makes as stocks reverse Monday’s losses and zoom higher in increased trade. Volume swelled as traders piled into stocks and with a positive ISM non-manufacturing report the market had all it...
Stocks Fall in Light Trade as Leaders Look for Support
Goldman downgrades MSFT as Pending Home sales fail to ignite buyers The past two Monday’s have not been kind as stocks slid in lighter trade. Goldman Sachs removed MSFT stock from its conviction buy list sending the stock lower thus, bringing down the rest of the...
Stocks Suffer a Day of Distribution as Market Leaders Take a Hit
Positive economic reports fail to spark a market rally The first kinks in the armor finally show up as positive GDP and Chicago PMI figures fail to spark buyers pushing the market higher. Traders simply couldn’t find footing after 10am EST and given the quarter end...
Stocks Take a Pause as Volume Slides Lower
Stock market leaders continue to act well as the market pulls back The market took a rest today in front of tomorrow’s GDP report out along with jobless claims figures. Volume ran lower across the board today as stocks digested Tuesday’s gains after the major indexes...
Troubling Economic Data Overlooked as Stocks Advanced on Higher Volume
Stocks stage intraday reversal to close just off the day's high to notch a day of accumulation Bulls recaptured the day as early morning selling gave way to late day buying pushing the market to close just below the highs of the day. A mixed housing picture from...
Volume Sags along with Prices; Market Consolidates Recent Gains
Stocks take a step back in lighter trade Stocks took a step back after Friday’s gains as volume slowed across the board. Late day selling slammed the door on the Bulls face as renewed fears over European’s bank health crept back into the market. There were plenty of...
Looking Back, Opinions were Costly as the Market Rallies
Recapping this month has shown Big Wave Trading has been on this move! This past month has been a stellar one for Big Wave Trading. We quickly identified a newly formed trend and went long. If we were married to an opinion and agreed with many market pundits we...
Leaders Remain in Control as the Market Cools Again
Stocks fall in the third straight day, but volume edges lower A lower than expected European PMI figure sent futures lower prior to the release of the weekly jobless claims. The jobless claim figures have become a barometer for the job market, but the unexpected drop...
Volume ends Mixed as Stocks Slide for the Second Day in a Row
Leaders are mixed as the NASDAQ notches a day of distribution thanks to ADBE stock ADBE stock and MSFT stock dominated the news headlines as both stocks help drag down the NASDAQ and other technology stocks. The S&P 500 shaved 48 basis points, but volume on the...
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