COMMENTARY
Trade Fears Continue Sellers Hammer Stocks
Following Friday’s Russell Rebalance the market witnessed hefty selling to begin the last week of June. Volume wouldn’t eclipse Friday’s level due to the rebalance or reconstitution of all Russell indexes, but price damage was done. Utilities were the safe haven on...
Dow Lags as Small Caps end Higher
We continue to see the Dow Jones Industrial average struggle with looming trade fears hang over the market. In the meantime, we see Small and Micro Cap stocks blast higher into new all-time territory. Volume was lower across the board as institutions weren’t all that...
Week Kicks Off with Small Gains; Fed in Focus
Geopolitics was on center stage on Monday with the North Korean/US summit. The highly anticipated summit went on as planned, but markets have shifted focus. There have been deals struck before only to see them cheated or even ripped up. Whether or not this one holds...
Dow Rips Higher as Volume Expands
A big day for the Dow Jones Industrial Average as Boeing (BA) leads the pack pushing the index up nearly 350 points on the session. It was nice to see the overall market move higher with volume expanding day-over-day. It would be great to see this price action...
Dow Leads Market as Small Caps Lag
Monday’s positive start was a good sign with the Dow leading the way with decent gains. Exchange volume fell against Friday’s level, but overall price action was positive. We still can’t seem to get exchange volume and price action moving in tandem. Energy was the...
Financials Lead Market Lower; Small Caps fend off Sellers
Distribution struck the major market averages as financials fell more than 3% on the session. Bonds enjoyed gains as the 10-year yield has fallen nearly 30bps since last week. Despite the Federal Reserve Bank set to raise rates again in June Financials are not trading...
Big Wave Trading Weekend Update: Two New Long Positions And Top Current Holding Updates
Aloha everyone! I hope you all had a great Memorial Day weekend. Here are two of the new long positions I am taking Tuesday morning along with a review of all of my long positions hitting new highs–since my entry–this Friday. Aloha and great luck during the upcoming...
Morning Gains Evaporate as Small Caps Turn Lower
It must be summer as trading volume continues to be light overall and price action continues to be sloppy. The NASDAQ composite coughed up morning gains, but volume failed to eclipse Monday’s trade. The Dow and S&P 500 were not as fortunate as volume was higher on...
Big Wave Trading Weekend Update: Two New Long Positions And Top Current Holding Updates
Here are two of the new long positions I am taking Monday morning along with a review of all of my long positions hitting new highs--since my entry--this Friday. Aloha! New Long Positions: VRSK CAVM VRSK CAVM Top Current Holdings: UAVS CDNA URGN BZQ BGNE RARE INGN...
Small Caps Lead Market Higher; Inflation in Focus
A day after bond yields jump small caps follow-up with solid gains. Volume was lower across the board, but not a huge surprise given we have seen this story before. Materials led the S&P 500 with gains over 1%. Real Estate and Utilities were the biggest losers as...
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