by Big Wave Trader | Oct 30, 2019
A solid day of gains for small cap stocks as measured by IWM, but QQQ stumbles after GOOGL falls post earnings. Volume was mixed on the session with NASDAQ volume ending lower while NYSE inched higher. The NASDAQ escaped a day of distribution. DIA closed flat with a...
by Big Wave Trader | Oct 28, 2019
The last few days of trading in October will be fun. On Wednesday, we will hear from the FOMC regarding interest rates as well as AAPL Earnings. Odds favor another rate cut from the central bank and AAPL is expected to earn $2.84 a share according to Zach’s Investment...
by Big Wave Trader | Oct 25, 2019
While tech stocks enjoyed a good day on Thursday AMZN’s earnings disappointed after the close weighing heavily on early morning futures. Volume was higher during Thursday’s session. A good sign for Thursday’s session. We will need to see the overall market overcome...
by Big Wave Trader | Oct 23, 2019
A tough day for the NASDAQ 100 as FB falls in heavy trade. Combined with the price decline and uptick in volume the NASDAQ notched a day of distribution. Volume on the NYSE was lower for Tuesday’s trading session. FB declined nearly 4% after news regarding states...
by Big Wave Trader | Oct 21, 2019
Earnings season is now in full swing as we continue to see companies’ top estimates. Will earnings be enough to push this market back to all-time highs will be interesting to watch. IWM still remains stuck in a rut while SPY, QQQ, and DIA look poised to push into...
