COMMENTARY
Big Wave Trading Weekend Update And Top Current Holdings
As we head into the new week there are cracks that are starting to show in the armor of the stock market. Distribution days have been common as this rally has become a little extended and finally on Thursday the market decided to crack. The selling on that crack...
NASDAQ Lags as the Fed’s Support for Stocks Continues
Earnings led by AAPL were a real drag on the NASDAQ today as the Russell 2000 continues to lead this market higher. Volume was up on the session, but it does not come as a surprise. The key part of the FOMC statement was the fact June’s potential rate hike is now off...
Earnings and the Fed remain in Focus
One more day until we get another release of the latest FOMC policy statement. Small caps led the market today gaining more than 1% on the session. We cannot say the same for the other averages as the NASDAQ ended lower and the Dow and S&P 500 limping into the...
Light Volume Session as Stocks await the Fed
For some time, we have been waiting for this market to pull back from its recent run and it appears we are beginning to get at least a small pullback. A three day losing streak for the NASDAQ is not something we have been accustomed to after the lows back in February....
Big Wave Trading Weekend Update And Top Current Holdings
Outside of the Nasdaq and Nasdaq 100 stocks staged another overall impressive intraday session on Friday with the Russell 2000 and the DJ-20 leading the way higher. Volume was mixed on the session with volume higher on the Nasdaq but that should be of no surprise...
US Dollar kicks losses to the Curb, Stocks Lower
ECB decided to hold its QE program and rates steady today as the market was hopeful another slash in deposit rates and more QE was coming. As a result the US dollar reversed its losses on the session and was green by the time stocks closed. The dollar has been a...
Day Trading Watch List April 21st, 2016
On Watch PBMD OCLS Potential Shorts UNXL RPRX
Day Trading Watch List April 20th, 2016
Potential Longs TRTC CANN CBDS Potential Shorts RPRX CHK MRJT
Crude rallies on Kuwait Strike; Stocks Mixed
While energy and materials helped the market push higher the NASDAQ 100 names weighed heavily on the NASDAQ. Volume was up across the board today, but continues to remain below average. Technology stocks (XLK) continue their struggles losing 56bps on the session....
Day Trading Watch List April 19th, 2016
Potential Longs GRNH WATT Dip Buy/Sell Spikes SKYS DRWI TROV RPRX UNXL Potential Shorts TRTC CANN CBDS LIVE XGIT BIOC FORD CDRB
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