COMMENTARY
Big Wave Trading Weekend Update And Top Current Holdings
Friday was yet another display of positive intraday price action by the overall market as an early morning sell off found support shortly after 10am and stocks spent the rest of the session rallying higher. The difference this time is that there was not any late day...
Stocks Continue their advance ahead of Friday’s Job Report
The S&P 500 cleared 2100 today as stocks continued to push higher. Today's ADP was much improved over last month's reading giving hope to an improved Jobs Report tomorrow. Crude oil reversed its losses after the OPEC oil ministers ended their meeting without an...
June starts with Gains; Employment Data Eyed
It is no big surprise this week's employment data will be heavily scrutinized. Today's release of the Federal Reserve's beige book helped boost the market to begin June on a positive note. Thursday's ADP report will be watched closely. Will it foreshadow's Friday's...
NASDAQ and Russell 2000 Shine
It was quite a mixed session on Tuesday as stocks closed lower on the SPX and DJIA and higher on the COMPQ and RUT. Strong breadth and a late day buying surge definitely helped shape up the closing prices. Volume was well above average and significantly higher today...
Big Wave Trading Weekend Update And Top Current Holdings
Stocks staged quite a powerful session on Friday with all of the major market indexes going out at the HOD across the board. While volume was slightly lower than the prior session it was only lower by about 5% on both exchanges. Considering it is a three day weekend...
Quiet Day of Trading as the NASDAQ; inches out 3 Day Win Streak
A slew of economic data hit the market, but failed to inspire buyers to continue to push the market higher. A better than expected durable goods orders number could not give the Dow and S&P 500 another day of gains this week. Volume dropped across the board as...
Day Trading Watch List May 26th, 2016
Potential Longs MGT WATT ABRW CLRB SPEX TISA AMD PTX
Stocks add to Gains as Crude Nears $50
A solid day of gains as we see immediate follow-through from Tuesday's action. This is bullish action where a solid day sees immediate follow-through and should lead us to new all-time highs. Volume was mixed with NYSE exchange volume came in higher while NASDAQ...
Stocks Post Solid Session; Uptrend Resumes
The stock market put in an impressive day as volume expanded across the board. The NASDAQ and Russell 2000 led the market higher as risk is back on. Volume expanded across the board day over day in a good sign traders and investors alike were happy to add stocks to...
Lazy Trading as Markets Trade in Tight Range
Not whole lot to get excited about over today’s action. The good news is we stayed in a relatively tight trading range for the day. Volume was lower across the board as we continue to have a hangover from the weekend. We continue to see the average true range for this...
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