by Big Wave Trader | Sep 30, 2019
Friday’s price action was not ideal as volume jumped as losses grew. The NASDAQ 100 led the decline as measured by QQQ. For once, the decline was not led by IWM. Volume was higher across the board as institutions continue to sell stocks. We continue to have a choppy...
by Big Wave Trader | Sep 27, 2019
Volume ended the day lower across the board as the broader market ended lower. Small caps led the decline. Utilities continue to be a safe place for investors to hide as XLU continues to hit new highs. XLRE is not far behind. Worries over impeachment, trade deals, and...
by Big Wave Trader | Sep 25, 2019
Tuesday’s session was not a good one for stock market bulls as the NASDAQ 100 fell 1.39%. Small cap stocks led the market lower falling 1.5%. Volume jumped on both the NYSE and NASDAQ exchanges indicating institutions were dumping shares of stock. Not a good session,...
by Big Wave Trader | Jun 4, 2019
New Anti-trust investigations into the countries largest tech companies have rattled the NASDAQ 100 and Composite indexes. Both are dominated by the largest technology companies in the US and it is no wonder both were hurt when AMZN, GOOGL, and AAPL fell during...
by Big Wave Trader | Sep 15, 2015
A disappointing day for economic data as Retail Sales and Empire Manufacturing missed their targets. Empire Manufacturing fell well below expectations indicating a slowing at least in the manufacturing sector. Buyers would quickly step in despite a sluggish start and...