by Big Wave Trader | Jul 17, 2019
While we are not going to issue an all-out sell signal, Tuesday’s distribution day should highlight the need to have an exit strategy in place. While the Russell 2000 as measured by IWM inched out gains the broader market did not and ultimately ended the day in...
by Big Wave Trader | Jun 1, 2015
A volatile day on Wall Street as early morning selling gave way to late morning buying. Sellers would not be outdone as they took control in the final hour of trading. Volume ended the day lower, but not surprising as today was a Monday and Friday was month end. We...
by Big Wave Trader | May 28, 2015
Today was quite an uneventful day with stocks trading in a relatively tight trading range as volume slumped day over day. Pending home sales did not disappoint with Month-over-Month and Year-over-Year growth was certainly a pleasant surprise to the upside. Earlier...
by Big Wave Trader | May 22, 2015
Economic data was a lot less than to be desired, but that did not stop the market from moving higher. Small cap stocks lagged the overall market with the NASDAQ leading the charge with the S&P 500 ending higher by .29%. Volume was mixed on the session with volume...
by Big Wave Trader | Apr 22, 2015
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...