COMMENTARY
S&P 500 Advances as Small Caps Lag
After a rocky start to the session the market was able to get a lift into the close. Volume was mixed on the session with volume on the NASDAQ slipped. Small cap stocks lagged on the session, but still remains well within its current uptrend. Despite the high level...
Earnings sink Dow; NASDAQ Shines
There was a tale of two tapes with the Dow Jones Industrial average moving lower on earnings while the NASDAQ exerts leadership. Early gains were hung onto by the NASDAQ, but the S&P 500 and Dow were unable to hang onto the gains set forth by early morning...
Markets Rebound from Friday’s selling
Friday’s session, on the face of it was troubling after fears over global issues and a Bloomberg outage. However, today’s rebound was a good sign as the selling did not follow-through. We continue to see a lack of follow-through on either side of the market here. ...
Big Wave Trading Weekend Update And Top Current Holdings
The Big Wave Trading models did a quick turnabout this past week as our NEUTRAL to BUY operational signal lasted all but a few days. Following Friday's stock market action all of the major market indexes are now back in their trading ranges of the past 1 1/2 months....
NASDAQ Close Above 5000 for 6th Time in History
Dispite mediorcre economic data the NASDAQ was finally able to hang above 5000 and close there as volume swelled across the board. The Federal Reserves Beige book release did help the market push higher, but given volume was higher across the board demonstrated...
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.
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