COMMENTARY
Deal or No Deal
This stock market is tied to whether a trade deal is struck between the United States and China. On the side, there is optimism over a Brexit deal. However, it pales in comparison to the two biggest economies in the world. The broader market was higher on the...
Stocks Roughed Up; Fed to Expand Balance Sheet
Despite news the Federal Reserve was going to expand its balance sheet stocks finished near the lows of the session. IWM led the major market ETFs lower finishing the day down 1.63%. Volume picked up across the board from Monday’s session. Headline risk remains a real...
Trade War and Recession are in Focus
Friday saw stocks rise across the board led by the NASDAQ 100. Yes, you guessed it right small caps as measured by the Russell 2000 lagged the broader market rising less than 1% on the session. Volume eased across the board indicating institutions were not in a rush...
Big Wave Trading Weekend Video Lesson – 10/04/19 $SPY $QQQ $DIA $IWM $FB $AMZN $AAPL $NFLX $GOOGL
Extremely detailed and in-depth market analysis looking at the four majors $DIA $SPY $QQQ $IWM and the big-cap stocks $SHOP $ROKU $AVLR $PEGA $DGII $WDAY $MSFT $AAPL $GOOGL $FB $AMZN $NFLX $NVDA, reviewing the best performing stocks in my EOD portfolio $ZYXI $OSN...
Stocks Stage Reversal; Volume Light
Thursday’s session began how Wednesday left out. Sellers were dominating sending the overall market lower. It would not have surprised many people to see the market continue to sell-off and in fact many were expecting to see stock plunge lower. We expect anything can...
Small Cap Stocks Lead Decline
It is now the same old story. Price weakness continues and stocks simply cannot get out of their own way. Manufacturing declined for the first time in a long time. This sparked fears regarding a recession. Mind you we have not seen a recession in a decade. A reset...
Distribution Strikes on Friday; Global Fears Remain
Friday’s price action was not ideal as volume jumped as losses grew. The NASDAQ 100 led the decline as measured by QQQ. For once, the decline was not led by IWM. Volume was higher across the board as institutions continue to sell stocks. We continue to have a choppy...
Utilities Continue to Push Higher; Broader Market ends Lower
Volume ended the day lower across the board as the broader market ended lower. Small caps led the decline. Utilities continue to be a safe place for investors to hide as XLU continues to hit new highs. XLRE is not far behind. Worries over impeachment, trade deals, and...
US and China Trade Relations Back in Focus
We hope you had a great weekend. Futures are flat heading into the final full week for the month of September. September has been an okay month for stocks by bucking the historical norm for the month. Shrugging off last week’s Saudi oil field attack crude has come...
Gains Fade Away; Volume Ends Lower
For much of the day the stock market appeared as if it would have solid gains across the board. IWM was leading and all looked well. However, gains began to fade away and sellers gained the upper hand sending stocks lower for the session. Exchange volume was lower...
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