by Big Wave Trader | Oct 28, 2020
Presidential Election and Coronavirus continue to weigh on Investors A mixed market yesterday with large cap tech leading the NASDAQ higher. The election is a major factor for many of those participating in the stock market. Earnings continue to roll out, but the...
by Big Wave Trader | Oct 20, 2020
Stimulus Bill Uncertainty Drives Monday’s Market Narrative We are now two weeks from the Presidential Election and now awaiting news on a new stimulus deal. Monday’s session does count as a day of distribution with the NASDAQ leading the charge. It was nice to see...
by Big Wave Trader | Oct 13, 2020
Earnings Season is Upon Us as Presidential Election inches Closer Kicking off the week with solid gains the QQQs rose more than 3% on Monday. NASDAQ volume jumped above Friday’s level. A good sign large Institutions were active in NASDAQ names. The S&P 500 rose...
by Big Wave Trader | Oct 6, 2020
Solid Price Gains but Volume Indicates Institutions were Hesitant Monday trading sessions tend to be on the lighter side from a volume perspective. However, given the level of price gains we witnessed on Monday a rise in volume accompanying the gains was what we...
by Big Wave Trader | Sep 29, 2020
NASDAQ Recovers its 50-Day Moving Average Monday’s session offered a bit of hope for bulls as we saw stocks move higher. Volume was not overly convincing, but we did see the NASDAQ recover its 50-day moving average. A positive sign for a new uptrend. Volume was mixed...