COMMENTARY
Big Wave Trading Weekend Update And Top Current Holdings
The Big Wave Trading market directional models all remain under a mixed bag of signals with the RUT, COMPQ, and NDX under operational BUY conditions, the SPX, NYA, and DJIA under an operational NEUTRAL condition, and the DJT still under an operational SELL condition...
Volume Jumps With Stocks
Stocks had a great day on Wednesday as Greek talks were said to be positive. At this point we had weak price action we were bound to have a snap back rally. Volume was higher on the exchanges across the board is a good sign. Remember we have the FOMC meeting next week...
Light Volume Selling Opens the Week
Light volume Mondays are not an outlier event, but with the price declines Monday was not the way bulls wanted to start the week. QQQs saw higher volume than Friday, as the ETF tracking the NASDAQ 100 stocks closed below its 50 day moving average. SPY on the hand had...
Big Wave Trading Weekend Update And Top Current Holdings
The Big Wave Trading directional models remain under a mixed bag of signals with the COMPQ, RUT, and NDX under operational BUY modes, the SPX, DJIA, and NYSE under operational NEUTRAL modes, and the DJT under an operational SELL mode. Despite the mixed message of the...
Selling Takes Hold Ahead of Jobs Report
A tough day for stock market bulls as the market sold off as volume jumped. First quarter productivity fell more than expected falling 3.1%. Sellers had control of the market all day long. The distribution day ahead of the May jobs report is not at all that...
Small Caps Rip Higher; Bonds Fall
Small cap stocks rose once again leading all indexes while bonds were hit hard by sellers. Bonds are certainly trading like the Federal Reserve is going to hike rates soon. Global yields also rose as the ECB president spoke earlier today. Russell 2000 was the leading...
Small Caps End Positive
Another day of early morning selling giving way to mid-morning buying only to see gains fade into the close. This market continues to grind itself sideways and continues to really punch through in either direction. Volume was lower on the NASDAQ, but higher on the...
June Starts with Stocks Closing Higher; Volume Slides
A volatile day on Wall Street as early morning selling gave way to late morning buying. Sellers would not be outdone as they took control in the final hour of trading. Volume ended the day lower, but not surprising as today was a Monday and Friday was month end. We...
Big Wave Trading Weekend Update And Top Current Holdings
Heading into the new trading month of June our models remain under a very mixed combination of operational signals. The trading action the past week continues to indicate that the choppy erratic price action is going to stick around a bit longer. Our overall bias...
Stocks Quiet ahead of GDP and Month-End
Today was quite an uneventful day with stocks trading in a relatively tight trading range as volume slumped day over day. Pending home sales did not disappoint with Month-over-Month and Year-over-Year growth was certainly a pleasant surprise to the upside. Earlier...
Follow BigWaveTrading
Follow BigWaveTrading on Twitter and StockTwits