COMMENTARY
Traders Suffer from Super Bowl Hangover; Stocks Slide in Light Trade
We are going to keep free market commentary light tonight, but we did have a decent day of rest for the market. Lower volume pullbacks are what the doctor ordered for this uptrend. We are now in the pattern of the market opening lower to begin the week only to see us...
Big Wave Trading Weekend Update
Price action. Price action. Price action. This is what it is all about. When you consider all the noise the past two weeks, there still has been one consistent piece of data the entire time. If you take a look at a daily chart of the SP-500 or the Nasdaq you can see...
Fed Holds Rates Steady; AAPL Buoys NASDAQ
Once again stocks find some support at the day’s lows only to rally higher. AAPL’s jump helped out the NASDAQ and NASDAQ 100 tremendously as the stock jumped after reporting earnings. The Fed released a statement after its most recent meeting holding rates steady and...
Small Cap Stocks Lead Rebound
Small cap stocks roared to life as biotechnology stocks rebound after Trump’s meeting with industry leaders. Volume jumped as end of the month rebalancing volume poured end as managers were try to rebalance their portfolios. Things did not look promising heading into...
Stocks Post Worst Performance since Election
Volume jumped across the board giving a day of distribution to all indexes as we just witnessed the worst performance the stock market has had since Trump’s election. A bright spot was certainly the major indexes holding onto key moving averages and the NASDAQ held...

Big Wave Trading Weekend Update
A quiet session on Monday with a bullish intraday reversal, strong sessions on Tuesday and Wednesday on heavier volume, followed by quiet consolidations on lower volume on Thursday and Friday. When you are already fully invested, it doesn’t get much better than that....
Market Follows-Through on Tuesday’s Gains
Another solid day in the market as we saw traders pile into stocks following-through on yesterday’s gains. Today was a good sign and certainly support for higher prices. Certainly, a little rest would do us some good. For now, the action we have seen is quite...
Small Caps Lead the Charge Higher
A solid session with small cap stocks pushing higher behind a swell of volume. Stocks were up across the board as earnings season continues to roll. Trump’s first 100 days continue to be a focus point for the media while we focus on price action. Many were short with...
Stocks Continue to work Sideways
Not a great start to the week, but we continue our sideways march with the market waiting on a catalyst. The Russell 2000 has consolidated right to its 50-day moving average with the Dow not too far behind along with the S&P 500. It is amazing to see this market...
Big Wave Trading Weekend Update
Stock indexes put in a solid session on Friday. Unfortunately, stock indexes were not able to build off of the momentum that the trading session started with. Instead, stock indexes sold off only to see a decent intraday double bottom turn into a small rally into the...
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