COMMENTARY
Stocks Fall Again; Volume Jumps
Once again sellers had their way for much of the day pushing stocks lower for the fifth straight session. Volume was up across the board as institutions appeared to be dumping stock. Economic data continues to disappoint as expectations are being missed. However,...
Stocks fall on Heavy Volume; Dow down 331 Points
Today’s session was witness to heavy volume selling appeard on the street today as traders and investors return from the holiday session. Energy took a beating inside the S&P 500 today falling nearly 4% on the trading session. Crude oil sliced through $50 a...
Big Wave Trading Portfolio Update And Top Current Holdings
The Big Wave Trading Portfolios remain under a BUY signal on all major market averages. While the Santa Claus rally did not show up and we closed out 2014 and started 2015 with down days for the first time since 2008, all major market indexes are trading above their...
Stocks End Lower as NASDAQ suffers Distribution
Volume remained well below average, but ticked higher on the NASDAQ giving a day of distribution for the index. The S&P 500 saw volume slip below Monday’s session as the index avoided its first day of distribution since early December. Holiday trade continues to...
Dow Jones Industrials Win Streak Fails to Reach Seventh Day
Holiday trade continues to be on the light side as buyers push markets higher. For the seventh straight day we have seen the market close out the day with gains. Turmoil in Greece continues to heat up with fears over a “Grexit” continue to bubble up. Yet, even with...
Big Wave Trading Portfolio Update And Top Current Holdings
Happy holidays from Maui, everyone. We are going to keep this weekends wrap short and sweet as we are in the middle of the seasonally bullish holiday period and everything is going as planned. Our overall market models remain under an across the board operational BUY...
Late Day Sellers Spoil Rally
An afternoon bout of selling dampened the day as gains were wiped out by the close. A quiet session as stocks rose slowly for much of the day. It wasn’t until the close to where we saw a big seller whack the market lower. Crude prices fell on the session back to a...
Dow Closes above 18,000; S&P 500 at All-Time Highs
Futures received a jolt after third quarter GDP was revised higher to 5%. A slew of other economic data was released in front of tomorrow’s holiday shortened session. Durable goods and new home sales disappointed as the University of Michigan sentiment index...
Dow Leads Market Higher; Natural Gas Plummets
For the fourth straight day the market saw higher prices as global worries have faded. Despite a big drop in existing home sales the market trucked higher. Volume was below average, but given it is a holiday week it is not a surprise to see volume lower. Aside from...
Big Wave Trading Portfolio Update And Top Current Holdings
We are back to being fully invested, following the huge amount of actionable signals we received in high quality stocks the past three sessions. It was quadruple witching on the stock exchanges but lately option expiration signals have been working so these signals...
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