COMMENTARY
Stocks take a Roller Coaster ride; End Mixed
Despite the Shanghai closing down by more than 5% US Stock futures began the day in positive territory. Unfortunately, the party did not last long as sellers regained control pushing stocks lower for much of the morning continuing into the early afternoon. While the...
Big Wave Trading Weekend Update And Top Current Holdings
There is not much to say that we have not been saying in our commentary for the past month. The leadership, breadth, and price action has been hinting that there were problems in this market since the August sell off and it became more clear following the December...
Stocks Drop as Fears Mount
China fears continue to mount as circuit breakers halted China's stock exchanges overnight. US futures took a pounding all throughout the early morning. Today's session once again proved why cash is king. At the close the market officially had its worse 4 day start....
North Korea tests Bomb while Sellers return pushing Stocks lower
Overnight North Korean authorities confirmed they had successfully tested a hydrogen bomb. Whether or not we can believe they were able to the markets did not take kindly to the news. US futures were hit hard and continue to head lower into the US open. ISM...
Small Caps lead tepid Rebound; Volume Slides
The good news was we did not see a continuation of selling we saw at Monday prior to a late day rally. However, the bounce was quite weak with volume collapsing more than 20% across the board and with small gains. At least the Russell 2000 was able to grab the lead....
Late Day Rally lifts Stocks off Lows; Worse Start in nearly 84 Years
Overnight Chinese markets were halted as selling flooded their markets causing circuit breakers to halt trading for the day. Markets around the world reacted negatively and continued through the European market close. Volume ended higher across the board as...
Markets Wish Traders A Happy Early New Years With Some Fireworks
Did you enjoy your mini-flash crash at the end of the day today? Stocks pulled off a mini-flash crash at the midpoint of the final hour today as stocks sold off across the board with the–you guessed it–Russell 2000 leading the way lower. The minor good news for the...
Holiday Hangover as Stocks end lower
After having Friday off traders took to the market pushing the market lower. Of course our FANG stocks continue to act well, but the remainder of the market remains anemic. Given we have another shortened holiday week there should be little expectation we will have...
Big Wave Trading Weekend Update And Top Current Holdings
Merry Christmas and Happy Holidays everyone. There will not be an expanded weekend update this weekend, due to the Christmas holiday. All of our market models are on operational SELL signals across the board. Our current asset allocation is 60% cash, 39% long, and 1%...
Santa Rally continues as Stocks close higher
Another day and another positive day for stocks as the market is right back where it started when the Fed raised rates. Volume remains below average, but price certainly has improved after last Thursday’s and Friday’s action. All day long any dip was met with buyers,...
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