COMMENTARY
Big Wave Trading Weekend Update And Top Current Holdings
Stock market indexes closed out the week with another solid intraday session, rallying well off the lows closing near their intraday highs. The Nasdaq managed to close at its HOD adding further confirmation that the current uptrend is on solid footing. This is why our...
AMZN Continues Run as Stocks Close Lower ahead of Jobs
AMZN continued its push into all-time highs as the broader market pulls in prior to Friday’s job report. On the bright side small caps stocks were able to inch out gains. Utilities were hit hard as many believe the Federal Reserve is going to raise rates in December....
Market Stalls; Volume Increases on the Nasdaq
Stocks avoided a distribution day across the board but volume did come in higher on the Nasdaq. Still the small losses prevented that index from registering a distribution day. The overall market was more than overdue for a pullback. Volume likely increased on the...
Gains Continue as Volume Swells
Just another day of gains for this stock market. Volume was higher today as institutions were a bit more active than on Monday. So much for this market taking a breather. This non-stop action while nice as we are riding this wave higher, but it will cause some...
Big Day for Small Cap Stocks; November Begins on a Positive Note
The second month of the fourth quarter kicked off with a bang as the Russell 2000 gained more than 2% on the session. Volume was lighter than Friday’s end of the month volume, but gains were solid. Lagging behind was the Dow Jones Industrial Average, but it was able...
Stocks Settle after Yesterday’s Gains
A slight miss from GDP prior to the market open kicked the trading day off. Small cap stocks remain volatile with the Russell 2000 down more than 1% on the session. The S&P 500 on the other hand was able to close down just 4 basis points. Health care and Energy...
A Hawkish Fed holds Rates Steady; Stocks Soar
Led by nearly a 3% gain the Russell 2000 led all major market averages. Volume poured into this market after the Federal Reserve once again delayed hiking interest rates. AAPL finally started moving after the Fed announcement after reacting quietly to earnings. A big...
Small Caps Hit Hard; AAPL Sputters despite Earnings Beat
Once again small cap stocks had a tough day as the Russell 2000 was down more than 1.2% on the session. The big cap indexes saw small losses in heavier turnover. Over the past few sessions after the earnings from GOOGL, AMZN, and MSFT small cap stocks have lagged well...
Market Awaits Federal Reserve; AAPL Falls
The last week of trading for the month of October and the stock market ends lower. Despite the drop in AAPL the NASDAQ was able to sneak out gains thanks to gains from PCLN, GOOGL, AMZN, and FB. Natural gas fell nearly 10% on the day as commodities in general fell...
ECB Provides the Juice as Stocks Push Higher
What a difference one day makes. Yesterday’s action was definitely something to be concerned with, but after today’s massive move on big volume is quite telling. Bonds did not play along as yields remained steady. The excitement was certainly with stocks and we are...
Follow BigWaveTrading
Follow BigWaveTrading on Twitter and StockTwits