by Big Wave Trader | Sep 16, 2019
Over the weekend a group of drones attacked an oil processing plant and the nearby oil field in Saudi Arabia. It is unclear who was responsible for the attack. When Oil Futures opened Sunday evening prices jumped nearly 20%. Crude Oil futures are nearly up 9% since...
by Big Wave Trader | Aug 27, 2019
As this market continues to struggle with US-Chinese trade worries and an inverted yield Monday’s market saw stocks rise. NASDAQ Composite led all market indexes followed by the Russell 2000. Volume was lower than Friday’s session. Renewed hopes of trade talks...
by Big Wave Trader | Feb 11, 2016
The market wanted something out of Yellen it did not get. All the morning gains were gone by the end of the session as Yellen never took a rate hike in March off the table. Even with slim odds of a rate hike in March the market definitely needed to hear Yellen was not...
by Big Wave Trader | Jul 29, 2015
All eyes were on the Federal Reserve today as market’s awaited the central bank’s decision on interest rates. Stocks traded higher for much of the session and pushed higher just after the release of the fed decision. Volume was slightly disappointing as it finished...
by Big Wave Trader | Mar 25, 2015
Volume was higher on the NYSE giving the S&P 500 a day of distribution, but it was below average. Selling hit the market just after noon eastern and continued throughout the afternoon until the close. NASDAQ experienced higher volume than yesterday giving it a...