COMMENTARY
Traders Welcomed back with Low Turnover and New Highs
Once again, the Dow sets another record high for the 9th straight day closing higher for the 10th day in a row. While gains are not tremendous we continue to see the index act well despite the negativity surrounding the market. The QQQs finished higher by 63bps...
Friday Morning Coffee: Jobs Report in Focus
Futures are pushing higher this morning in anticipating a positive jobs report. Yesterday’s action was once again okay as the NASDAQ and S&P 500 closed lower without too much damage. The Dow hit its 7th all-time high in a row. There is nothing bearish about new...
Thursday Morning Brief: Divergence Appears
Yesterday’s trading action was not precisely what you would like to see out of this market. First, it was nice to see support at the morning lows and for the market to shake off sellers. However, internally our portfolios saw a lot of weakness. Small cap stocks...
AAPL Jumps in After-Hours Dow continues Record Streak
It was just another day at the office for this market as we saw the Dow Jones Industrial Average strike another all-time high yesterday. NYSE volume edged slightly higher with NASDAQ lower. AAPL’s jump in after-hours trading will certainly aid the indexes as well as...
Tuesday Morning Drip: Uptrend Continues with Dow at All-Time Highs
The Dow Jones Industrial Average continues to benefit from earnings as the index once again hit an all-time high on Monday. NASDAQ 100 struggled with AMZN struggling. AAPL reports Tuesday after the bell and should have an impact on Wednesday. Tuesday’s trading will...
Friday Morning Musings: Volatility Ticks Higher
Thursday’s selling was dramatic and hard hitting. The late day rally took the sting out of the selling, but damage had been done. Volatility picked up a bit, but nothing in terms of panic. We have yet to experience in a while a true correction and where the VIX gets...
Thursday Morning Coffee: Fed to Start Unwind Soon as Uptrend Continues
A lackluster day for the markets after the Fed stated their run-off of their balance sheet would begin relatively soon. While initially the market dropped and popped it was unable to really muster up enough buyers to return to the highs of the session. Small caps...
Wednesday Morning Coffee: Low VIX and the Fed
Yesterday’s trading session witness to a new low for the VIX of 9.0 as Small Caps led with solid gains. Volume jumped across the board, but our close was not all that impressive. Earnings continue to pour in and for the most part the results are better than expected....
NASDAQ 100 continues Dominance
After a shaky start to the trading day the NASDAQ was able to find buyers within its large cap technology stocks pushing it higher closing at all-time highs. The NASDAQ 100 has been impressive with the likes of FB, AMZN, and GOOGL. Biotechs remain hot as IBB has made...
Friday Morning Cup of Joe: NASDAQ Win Streak and the Weekend
After a massive 10-Day rally the NASDAQ will look to take a breather. What a big rally we have seen in terms of the amount of days in a row the NASDAQ has been able to climb. Just a few weeks ago many thought we were going to roll over and have a proper correction....
Follow BigWaveTrading
Follow BigWaveTrading on Twitter and StockTwits