COMMENTARY
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...
NASDAQ Advances Leading Stocks Higher
After yesterday’s heavy volume sell-off stocks make a charge higher following the lead of the NASDAQ. Preliminary volume indicates NYSE volume on the light side while higher on the NASDAQ exchange. Volume is getting a boost from AVGO and BRCM as talks regarding a...
Stocks Fall Hard after Long Weekend; Volume Jumps
This is not the way you want to return from a long weekend. After many enjoyed BBQs and remember those who have served those who came into the day long were hit hard by sellers. A plethora of mixed economic data hit the market, but nothing stands out where the media...
Big Wave Trading Weekend Update And Top Current Holdings
The Big Wave Trading market models remain under a complete mix of signals, with the SPX, DJIA, COMPQ, and NDX under BUY signals, the RUT under a NEUTRAL signal, and the DJT under a SELL signal. These are all operational guideline signals and does not represent our...
Stocks inch higher; Volume ends Mixed
Economic data was a lot less than to be desired, but that did not stop the market from moving higher. Small cap stocks lagged the overall market with the NASDAQ leading the charge with the S&P 500 ending higher by .29%. Volume was mixed on the session with volume...
Transports fall; Market Fails to Hold Post Fed Minute’s Gains
Morning selling gave way to buyers anticipating good news from the Federal Reserve Bank’s meeting minutes. After the release of the minutes the market went nuts with traders pushing the stock market higher. Unfortunately, the gains had after the buying spree could not...
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