by Big Wave Trader | Aug 26, 2019
Friday’s market sell-off can be attributed to the trade escalations with the US and Chinese governments. We continue to see both countries raise tariffs on each other’s goods. Sellers were able to really push the envelope on Friday sending the broader market lower....
by Big Wave Trader | Aug 23, 2019
The fascination with the yield curve continues as the 2-year treasury yield rose above the 10-year once again. This comes after inflows show were the 8th highest recorded this past week. More investors yanked cash from equity funds. Fears over the economy have taken...
by Big Wave Trader | Aug 22, 2019
Summer is fast approaching its end and volume continues to be light. Whether it is summertime trading or institutions simply not willing to accumulate shares may be a sign this rally might not have much leg room. Gains across the board were solid. Consumer...
by Big Wave Trader | Aug 21, 2019
The S&P 500 led the market lower on Tuesday. Volume was lower across both the NYSE and NASDAQ exchanges. A positive sign for the market as we did not record a distribution day. At the level of decline witnessed on Tuesday had volume been higher Tuesday would have...
by Big Wave Trader | Aug 20, 2019
A little disappointing, we did not see higher turnover on Monday as we saw stocks post solid price gains. Monday’s session had the opportunity to be a really great day. Institutions weren’t willing to accumulate shares at a high enough clip. Yields rose a bit coming...