COMMENTARY

Stocks End Mixed; Nasdaq and Russell 2000 Extend Losses

Another disappointing session for stocks. While the S&P 500 and Dow finished higher they were off their highs. Small caps and Nasdaq continued their weak action. At this point it is not worth trying to force anything in this market. Cash remains King. Yesterday...

Stocks Hammered as August Lows Near; RUT Hits New Lows

A very damning day for the stock market as sellers continue to dominate. We have been quit clear our view of this market and we continue to see the weakness play out day after day. There are not many stocks looking good after today's session. This leads us to believe...

Big Wave Trading Weekend Update And Top Current Holdings

The Big Wave Trading models remain under an across the board SELL condition as we head into the final week of September. Major market averages rallied straight into resistance and this past week we observed just how weak this overall market really is. The current...

Another Rocky Session; Volume Jumps

Another roller coaster session for stocks as an afternoon rally pushes stocks near a high of day close. Volume jumped day-over-day, but stocks were unable to close at session highs. Durable goods orders fell, but did not fall as much as expected. Good news? At the end...

Volume Plummets as Stocks end the Day Lower

We continue to see a market not ready for the prime time. Some good news from economic data this morning as both mortgage applications and Markit’s Manufacturing PMI data came in better than expected. Mortgage applications for the week jumped more than 13.9% and PMI...

Stocks Down Again; Volume Jumps

Following Europe's lead the US markets ended the day lower on higher volume. Europe really got things moving with the DAX nearing August lows. A late day rally did take the sting away as the NASDAQ was down more than 100 points at its lows. Volume was up day over day...

Biotech Slumps; Dow up 125 points

Overnight futures were higher coming into the open as hopes over MORE QE spread like wild fire. Existing home sales dropped more than expected leading to questions over the stability of the housing market. Just before noon time Hillary Clinton’s tweet over price...

Big Wave Trading Weekend Update And Top Current Holdings

The Big Wave Trading models remain under an across the board SELL signal and have been operating under this signal since 8/20 after being under a mix of SELL and NEUTRAL signals since 6/29. While our models remain under an operational SELL signal, the market has...

Zero Rates Remain as FOMC Holds Steady on Current Policy

What a wild day in the markets. Prior to the Fed announcement the market caught a bid. For a while from 2:04pm EDT to about 3pm it appeared as if we were going to rocket higher. The NASDAQ cleared its 200 day and then 50 only to see those gains evaporate in less than...

Stocks Continue Advance Ahead of FOMC

Today was a solid session with volume and price ruining in the same direction. Where the rubber meets the road will be tomorrow and the coming days after the Fed. How will the markets react is something every Tom, Dick, and Harry will be trying to predict. Let's not...

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