by Big Wave Trader | Jul 31, 2019
The wait is over for many traders as the last day of July for 2019 has arrived and the FOCM will make its latest policy decision. Expectations are the Central Bank will cut interest rates by 25 basis points, but many believe should be more. All eyes will be on the...
by Big Wave Trader | Jul 30, 2019
Not the start to the week bulls wanted to see with many growth stocks getting hit. Most notably would be BYND. The IPO announced a secondary and is looking to continue its slide lower. The NASDAQ Composite index slid 44bps while volume on the NASDAQ fell. NYSE volume...
by Big Wave Trader | Jul 29, 2019
Despite lower volume stocks were able to make some gains and close higher. The FOMC meeting this week will have everyone’s attention. Will or will they not cut isn’t the question, but by how much is. Earnings season will continue to roll on and for the most part we...
by Big Wave Trader | Jul 25, 2019
A solid day for small cap stocks as IWM jumped 1.65% on the day with higher turnover. The same could not be said for the Dow as it closed nearly 80 points. Thanks to CAT and BA the two largest detractors from the day. BA issues are well known with the grounding of 737...
by Big Wave Trader | Jul 24, 2019
A good day of gains across the board from stocks on Tuesday. Volume was mixed on the exchanges as NASDAQ volume edged higher while NYSE volume decreased from Monday’s level. Not a bad session by any stretch of the imagination, but we still see small caps lagging...