COMMENTARY
AAPL and MSFT Disappoint; Stocks Lower
The Dow Jones led the market lower as earnings continue to be in focus. IBM was a big drag on the Dow along with the VZ. Volume was mixed as NYSE volume was higher due to earnings. Perhaps a little damning is how small cap stocks have been lagging the overall market....
Trend Followers have a tough June
It was not a good month for trend follower during the month of June. While traditional Trend Followers will make money over long periods of time they are simply having a tough year at the moment. Yes, we are trend followers. However, our methodology deals with stocks...
New Highs for the NASDAQ as Volume Slides On the NYSE
Earnings continue to be a focus for many as gains continue to pile on for the market. End of the day selling did sour gains a bit, but we were still able to close positive. Volume was lower on the session as summer trading continues. Leading stocks continue act well...
Big Wave Trading Weekend Update And Top Current Holdings
The Big Wave Trading portfolios are still operating under different directional models with the SPX, DJIA, RUT, and NYA under NEUTRAL conditions, the DJT under a SELL condition, and the COMPQ and NDX under operational BUY conditions. Despite the mixed signals, our...
Trend Continues as the Market Adds to Gains
No Commentary due to travel
Stocks Halt Win Streak
The market could not hit its first 5 day rally of the year as sellers took to the market by the end of the session. Volume was mixed on the session as BAC helped boost turnover on the NYSE. Biotech remained on a tear as IBB hit another all-time high. Today was a...
Market makes it Four Straight Days of Gains
Despite poor retail sales stocks bounced higher for the fourth straight session. Energy and Biotech stocks led the overall market today. Energy seems to be finding support at early 2015 lows. Biotech continues its run despite fundamentalists crying foul over earnings...
Greece is fleeced; Stocks Higher
A solid session to begin the week as Greece gets a deal and the market has three new horsemen. Over the weekend Greece was taken to the woodshed approving a deal the Greek people voted down just a week ago. The market did no care whether or not it was a good deal or a...
Big Wave Trading Weekend Update And Top Current Holdings
The Big Wave Trading portfolio models are under a mixed set of conditions with the COMPQ, NDX, and RUT under operational NEUTRAL conditions and the SPX, NYA, DJIA, and DJT under operational SELL conditions. Despite the NEUTRAL/SELL conditions, the Big Wave Trading...
Gains Fizzle as Fears over Greece Continue
Early morning futures were higher as global stocks rebounded. Shanghai shares were able to find their footing, but with nearly 50% of shares halted it is hard to tell whether or not this is real. Volume fell across the board as summer trade sets in. The end of the...
Follow BigWaveTrading
Follow BigWaveTrading on Twitter and StockTwits