COMMENTARY

Dovish Yellen sends Stocks soaring

Out of the gate stocks seem to hold within a tight range. Nearing the 10 o’clock hour buyers began to get the upper hand and push the market higher. Led by the NASDAQ the market continued to experience buying pressure ahead of the Yellen speech in New York. Stocks...

Quiet Day as Stocks Closed Mixed

Not one of the most exciting days on the street as volume was light and the market’s ended mixed. For bulls this is a welcome sign. A lower close across the board would have been ideal, but beggars cannot be choosers. A few more days of this type of action would do...

Big Wave Trading Weekend Update And Top Current Holdings

Aloha from a very humid island of Maui. I hope everyone had a wonderful Easter weekend. Stocks finally had their first down week since the rally attempt started off the February lows. While volume remains very lackluster with absolutely zero accumulation in the...

Dow and NASDAQ sneak out Gains ahead of Good Friday Holiday

Despite economic release futures pushed lower prior to the market open. Buyers jumped at the chance and pushed the market back to breakeven. The Dow was down more than 100 points just after the open, but was able to find some support at the day’s lows. Despite the...

Crude drops below $40; Stocks Fall

The day after corporate buybacks stop stocks fall as volume came in higher than Tuesday’s session. For much of today sellers ruled the day. Much of the news cycle continues to focus on Brussels and the lasting effects it will have on Western Europe. Selling certainly...

Dow breaks Win Streak; NASDAQ Higher

Despite the terror attacks in Brussels stocks are able to withstand the initial onslaught of selling. Volume on the NYSE crept higher while NASDAQ volume slid nearly 5% on the session. There are still plenty of setups and it would do this market some good to...

Small Caps Lag as Major Averages Advance

After last week’s market today’s session was relatively quiet. Volume was well below average, but this story continues. The current trend is still prevailing and no matter how over bought this may seem we are not going to bail until our exit signals are hit. We are...

Big Wave Trading Weekend Update And Top Current Holdings

Stocks staged another impressive rally on Friday with major market averages rallying across the board led by the Russell 2000 and the DJ Transportation Average. Volume was significantly higher thanks to options expiration but no matter what the reason for the higher...

Rally continues as Volume jumps

Insane or not this rally wants to keep plowing forward. Lead by the Dow Jones Industrial average this uptrend continues to defy the odds. Lagging on the session was the NASDAQ 100 and Composite indexes as the QQQs struggle with its 200 day moving average. Volume was...

Stocks cheer Fed Statement

The market was quite tepid ahead of the FOMC statement release. Volume was running light ahead of the announcement, but typical ahead of any FOMC release. Immediately after the release stocks jumped higher, pulled back only to return back to new highs and set a new...

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