COMMENTARY
Stocks fall from Highs as Volatility Continues
Early morning futures suggested a positive start to the day and buyers were more than willing to bid stocks higher. At its highs the Dow Jones Industrial Average was up more than 282 points on the session. Volume was running hot and it appeared as if this market was...
Stocks Fall to Begin the Week; AA Kicks Off Earnings Season
It did not take sellers long to kick their operations into high gear. At first glance it appeared we would get off to a great start given where futures were indicating the open. Steadily from 9am futures were moving away from their highs of the premarket session. ...
Big Wave Trading Portfolio Update And Top Current Holdings
The Big Wave Trading Models remain under an across the board NEUTRAL condition, despite the recent retake of the 50 day moving averages by all the major market averages outside of the NYSE. The markets are basically in a double V-shaped trading range over the past two...
Volatility Reigns Supreme; Stocks Advance with Volume
Just as fast as the market goes down it can go back up. The NASDAQ 100 led all indexes higher, but the Russell 2000 lagged as buyers favored large cap stocks. Volume was up across the board in a good sign institutions were willing and able to participate. All...
Dow Jumps after Five Day Slide
Today's move does not come as a surprise after a five day slide. Whether or not this turns into a new rally is another question. A bit of good news from the economic front was the ADP private payrolls jumped more than expected. The morning part of the session was...
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...
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