COMMENTARY
A Wave of Support Rolls in Lifting Stocks
The stock market put in a beautiful bounce off support levels showing this uptrend still has legs left. Our uptrend remains and we continue to find impressive longs. Rather than talk about the NASDAQ let's take a look at a chart: Options expiry on Friday may be the...
Selling Grips Wall Street While Volume Swells
Alcoa's earnings disappoint coupled with Obama's plan of new banking fees helps fuel fears amongst Wall Street. Option Volitility soared as the fear trade crept back into the market. Selling intensified as stocks were finding new lows throughout the session. ...
Returns In Our Longs Hitting New Highs
Top returns on longs hitting new highs after Monday's session.
Volume Subsides as Dow Leads the Way
There was a common theme today and that was the continued dominance by Chinese stocks. On the flip side large cap technology stocks weighed down the NASDAQ. But, the selling was subdued to lower volume showing institutions were not selling hand over fist. This is...
Stocks Come under Accumulation, Big Cap Tech takes a Back Seat
Another day of accumulation for the market with small cap stocks taking the lead on the day. Volume was up across the board with large cap technology stocks weighing down the NASDAQ. The S&P 500 finished the day with above average volume, showing strong...
Volume Eases as Stocks Continue to Digest Gains
We viewed today as a positive development in the market. Stocks simply do not move in a straight line up or down and need consolidation areas. The past two days we have been digesting price gains, quite healthy action. Volume is no doubt up from the holiday week,...
Stocks Grab Support as Volume Rises
The market was dealt two blows with one coming in the morning and early afternoon. The first was when pending home sales figures were released at 10am showing a significant drop of 16%. Economists were expecting a nominal drop of 2%, naturally traders sold the...
Opinions Don't Mean A Thing And Bad News Is Good News For Traders
Seeking Alpha stock talks.
I Have Posted Some Returns From Some Of Our Best Acting Stocks Today On SeekingAlpha
Some market commentary and returns.
Stocks Post Gains to begin the New Year
Traders ushered in the New Year by pushing stocks higher. The US Dollar was the focus during the early going as commodity prices rose. However, a positive manufacturing report gave the market even more fuel. Many leading stocks moved quite nicely adding...
Follow BigWaveTrading
Follow BigWaveTrading on Twitter and StockTwits