COMMENTARY
Falling Dollar Lifts Stocks; NASDAQ Lags
A big move in crude oil and the dollar getting hit hard helped propel stocks well off their session lows during Wednesday’s session. Crude jumped nearly 9% on the day after falling 6% in back to back days. GOOGL and AMZN did not fare as well as the Dow Industrials as...
Crude Tumbles Again; Bonds Rally as Stocks Fall
Despite gains from Alphabet (GOOGL) the market could not hold off sellers as crude oil sunk more than 5% on the session. Bonds rallied on the day with the 10 year yield move below 1.9%. Why this is occurring is anyone’s best guess, but we are not about to argue with...
Crude Falls, but late Day surge lifts Stocks
NASDAQ 100 led the market higher while the S&P 500 and Dow finished flat on the session as crude oil prices slumped. Small caps fared the worst with a decline of 30bps. FB continued its march into new high territory while AMZN struggled again. Our FANG stocks have...
Big Wave Trading Weekend Update And Top Current Holdings
This weekend's update is a video commentary/lesson. Enjoy! https://www.youtube.com/watch?v=N5BeOM0O_1Y TOP CURRENT HOLDINGS - PERCENT GAIN - GAIN SINCE SIGNAL DATE UVXY long - +45% - 12/2/15 ANFI long - +33% - 11/16/15 AGRO long - +29% - 10/23/15
FB Leads NASDAQ Higher
Disappointing durable goods orders could not keep the market down as rising crude prices and FB pushed the market higher. First, FB reaction to earnings certainly boosted the market as the company destroyed expectations. Crude helped futures gallop higher after a...
Fed Fails to Inspire; FB soars on Earnings
A volatile session as early morning losses were erased after the European close only to be spoiled by the FOMC statement. All eyes were on the Fed with the statement release at 2pm EST would set the tone for the day. Volume was above average on the session and given...
Light Volume ahead of FOMC Meeting
Stocks advanced ahead of tomorrow’s conclusion of the most recent FOMC 2 day meeting. While most pundits and traders are not expecting any interest rate cuts it will be the language in the 2nd paragraph most will scrutinized. We are still without a follow-through type...
Stocks Fall to kick off last Trading week of January
There was a ton of optimism heading into this week with the market potentially putting in a short-term bottom. We had plenty of traders make no bones about it on social media declaring they have picked a bottom. Unfortunately for them, sellers hit the market today...
Big Wave Trading Weekend Update And Top Current Holdings
Hello everyone. I hope you are enjoying your winter weekend and I hope everyone is staying warm on the East Coast. Getting to the overall market, stocks rallied hard on Friday with the market undergoing one of its classic V-shaped oversold bounces. Unfortunately for...
Dow Leads Market Higher; Close Disappoints
Just another day in paradise as stocks enjoyed another roller coaster session led by the Dow Jones Industrial average. Today was just another example of a lackluster market where even extreme oversold conditions cannot muster a solid session for the market. Even a...
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