COMMENTARY
Market continues to Run Higher
Despite the government shutdown lasting 69 hours the market was able to reverse early losses and close higher. Volume was mixed with NASDAQ volume moving higher while falling on the NYSE. After-hours a FANG stock reported earnings and is pushing higher in pre-market....
The Stock Market is off to a Great Start; Earnings Season Underway
What a great start to 2018. No matter what you think of this market is pretty impressive we have begun the year this way. Given all the historical research we should see this market higher than where it ended in 2017. A correction of some kind may sting this market,...
NASDAQ continues Win Streak
There is simply no quit in this market whatsoever. Sure, the Dow closed lower by almost 13 points. However, the overall market continued to make gains. The ability for the major indexes to hold their respective 10-day moving averages is something extraordinary. Volume...
New All-Time Highs Continue for 2018
What an impressive start to 2018 for this stock market. We are not surprised by the force at which we are moving at. Despite growing optimism amongst the individual investor all historical references point to 2018 pumping out more gains. Fueled by the tax cut for...
New Year more New Highs
Powered by the NASDAQ 100 stocks start the year with fresh new all-time highs. FANGs were more the willing to lead the way. Volume was higher on the session as institutions put money to work. All signs point to higher prices ahead. Energy and Consumer Discretionary...
Stocks Close Lower after Christmas Holiday
Low volatility continues to reign supreme as stocks inch lower. AAPL weighed down the market, but it did find support at the 50-day moving average. A clear line of support. Small caps finished higher on the session while the broader market paused. Post-Christmas...
Small Caps Inch out Gains as Broader Market takes a Breather
After many, many headlines the GOP’s tax cut plan was passed. Every day we were bombarded with headlines regarding the tax cut. Whether or not any of the promises or worries comes to fruition is another man’s guessing game. For now, stocks have been on a big run...
Market Continues its March as Tax Plan Vote Nears
We continue to see buyers jump into the market as people cheer on the GOP tax plan. The Dow hit its 70th all-time high on Monday besting 1995’s year of 69 new all-time highs. This is not a bearish indicator and while we could experience a pause ultimately all these...
Central Bank Hikes Rates; Stocks hit more All-Time Highs
As expected the Federal Reserve Bank of the United States of America raised its benchmark rate another quarter point. Volume on the exchanges were mixed with volume on the NYSE was slightly lower as the NASDAQ saw volume inch higher. The Dow continues its monster run,...
NASDAQ Leads as Small Caps Take a Step Back; Cryptomania Continues
Volume across both exchanges ended lower on the session despite closing all-time highs. Intraday all-time highs are within reach, but all eyes will begin to shift towards the Federal Reserve statement tomorrow at 2pm EST. The sore spot on the session was certainly...
Follow BigWaveTrading on Twitter and StockTwits

