COMMENTARY
Dow Leads Market HIgher as Volume Expands
A weakier than expected retail sales figure hit th A disappointing release from retail sesasons d market sending US stock futures lower to start the session. Sellers once again hit the market across the board. On the bright side the market was cheering earnings news...
Market Ends off the Highs; Big Bank Earnings Ahead
Certainly for the first hour and a half it appeared as the stock market was ready to catapult itself higher. However, sellers had a different idea. It appears the NASDAQ is having a difficult time keeping itself above the 5000 level. Volume ended the day mixed with...
Big Wave Trading Weekend Update And Top Current Holdings
The Big Wave Trading models have returned to an operational BUY signal on the SPX, DJIA, and NYSE following Friday's close above their 3/25 HODs. The Nasdaq, Nasdaq 100 and Russell 2000 remain inches away from a return to an operational BUY signal and the DJT is under...
Small Caps Lag as Large Cap Indexes Rebound from Morning Losses
Once again morning losses were supported and buy the dip continues to be in favor. Small Caps were not as lucky as the large cap indexes as the Russell 2000 closed lower by 40 basis points. Volume ended mixed as NYSE volume fell as the volume on the NASDAQ rose day...
Solid Trading Session
Due to a full fledged flu there is no commentary tonight. This market is strong and we have six new longs. See you back here tomorrow night.
Afternoon Selling Erases Morning Gains; Volume Subsides
Once again buyers were out in the morning sending stocks to the highs of the session. The dollar rebounded today likely putting pressure on stocks, but tomorrow’s release of the last Federal Reserve meeting minutes have some on edge. Volume was lower across the...
Stocks Erase Early Losses; Volume Creeps Higher
Coming off a long weekend after the Easter Holiday traders had a chance to digest a very disappointing non-farm payroll figures. Today’s ISM Non-Manufacturing figure came in as expected, but failed to really wow from an economic standpoint. Prior to the 10am release...
Big Wave Trading Weekend Update And Top Current Holdings
The Big Wave Trading models are under a bit of a mixed bag as we have some indexes looking neutral-strong like the Russell 2000, Nasdaq, and Nasdaq 100. Some indexes looking neutral-weak like the DJIA, SPX, and NYSE. And some indexes looking outright ugly like the DJ...
Pre-Holiday Trade Ushers in Light Volume Advance
Tomorrow’s Good Friday holiday certainly had a few traders headed out early to get a head start on vacation. Volume was considerably lower across the board, but given the holiday and new month today’s volume does not come as a surprise. Not much out there today...
Stocks Pullback to Start the Third Quarter
In a near freefall, the market fell immediately after the opening bell setting the day’s lows in the first 30 minutes of trading. ISM manufacturing data disappointed as many expected the manufacturing sector to grow more than it did. While still expanding it...
Follow BigWaveTrading
Follow BigWaveTrading on Twitter and StockTwits