COMMENTARY

Big Wave Trading Weekend Update And Top Current Holdings

Hello everyone. The overall stock market is under an official rally attempt following the Follow-Through Day session on February 17th. However, it must be noted that since 2008, 3 out of 4 FTD signals have been false in producing any significant gains in the...

Stocks continue 3 day win Streak

Positive economic data helped the market push higher, but the headline of a production freeze helped push Crude Oil above the $30 mark. Volume was higher on the exchanges as today was a follow through day for the markets. While a day 3 follow-through days are rare...

Stocks Jump on Hopium and Volume

First day back from a long weekend the market jump higher as global markets rebound. Volume was higher on the session as buyers were trying to scour the market for a good deal. Today was day 2 of our newest attempted rally. At least we have volume accompanying with...

Big Wave Trading Weekend Update And Top Current Holdings

Stocks staged a solid session on Friday, following Thursday’s rounded out reversal off the lows. The bad news for the bulls is that the rebound came on much lower volume across the board with the DJIA leading the market higher. The best reversals come with...

Headline Drives Stocks off Lows

A regurgitated headline was a great excuse for traders to trip over themselves to drive stocks off their lows. Another OPEC headline of a production cut was an easy reason for stocks to rally. The headline came just as the S&P 500 touched 1812 a key technical...

Yellen Disappoints Traders; Stocks Lower

The market wanted something out of Yellen it did not get. All the morning gains were gone by the end of the session as Yellen never took a rate hike in March off the table. Even with slim odds of a rate hike in March the market definitely needed to hear Yellen was not...

Lackluster Trade continues; Cash remains King

Just another day in the markets and another day where intraday volatility was big again. Early morning losses were quickly gobbled up by buyers, but the market would stall and fail to close in the green. For the day we ended with a dud and we continue to lack any...

Stocks Slide but Rally hard off of Lows

This market continues to move lower while investors continue to be complacent. The VIX remains at a lower level then we saw in August of last year. We simply do not have any fear this market may continue to fall lower. Banks continue to suffer heavy losses while...

Big Wave Trading Weekend Update And Top Current Holdings

It is Super Bowl weekend so I am going to make this weekend update short and sweet. Our operational models all remain under across the board SELL signals in every major market index. This has been the case all year long in 2016 and will continue to be the case until...

Transports Jumps 3% as Traders await January Jobs Report

A positive for this market was we were able to withstand any selling, but pushed forward a bit. The Dow Jones beat out the S&P 500 and NASDAQ Composite for the second day in a row. Dow Transports jumped more than 3%. Volume did not overcome Wednesday’s volume, but...

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