COMMENTARY

Du Pont Drives Dow; Biotech weighs on the NASDAQ

The Dow climbed higher due to DD as the company is going to split in two. Biotech once again was hit hard as sellers continue to pound the group. At one point today at the lows the NASDAQ was down more than 1% on the session. By the close, the NASDAQ was able to climb...

Stocks Add to Gains; S&P 500 Win Streak hits 5 Days

After a dismal jobs report Friday the market was able to confirm a new uptrend and we continued the gains today. Volume did not jump like it did on Friday, but was decent for a Monday. Biotech stocks continued to get hammered as fears over drug prices and the upcoming...

Big Wave Trading Weekend Update And Top Current Holdings

Friday’s session was an official Follow-Through Day for the overall market. Major market averages reversed some pretty significant early morning losses, off the backs of a weak jobs report, rallying the rest of the day and into the close to finish at the HOD. This...

Late Day Rally Lifts Stocks

The late day rally in stocks erased sizeable intraday losses. Even after the past 3 days of trading the market still has yet to eclipse the highs set on Monday of this week. A positive here is we have held Monday's low for now. On the downside Europe continues its...

August Trend Following Performance

August Trend Following Performance

While this performance is through the end of the August. Year-to-date for Big Wave Trading through September 30th is 19% in margin account and cash account is up 8%. Pretty good for this market. Here is how the Trend Following firms have performed through August! Not...

Stocks Close out September with a Big Rally

What has been a bad month for stocks we were able to go out on a high note. NASDAQ volume barely eclipsed yesterday's volume while NYSE volume was up 6% day-over-day. Now the question will be whether or not this was a dead-cat bounce. We are quite oversold from a...

Stocks End Mixed; Nasdaq and Russell 2000 Extend Losses

Another disappointing session for stocks. While the S&P 500 and Dow finished higher they were off their highs. Small caps and Nasdaq continued their weak action. At this point it is not worth trying to force anything in this market. Cash remains King. Yesterday...

Stocks Hammered as August Lows Near; RUT Hits New Lows

A very damning day for the stock market as sellers continue to dominate. We have been quit clear our view of this market and we continue to see the weakness play out day after day. There are not many stocks looking good after today's session. This leads us to believe...

Big Wave Trading Weekend Update And Top Current Holdings

The Big Wave Trading models remain under an across the board SELL condition as we head into the final week of September. Major market averages rallied straight into resistance and this past week we observed just how weak this overall market really is. The current...

Another Rocky Session; Volume Jumps

Another roller coaster session for stocks as an afternoon rally pushes stocks near a high of day close. Volume jumped day-over-day, but stocks were unable to close at session highs. Durable goods orders fell, but did not fall as much as expected. Good news? At the end...

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