by Big Wave Trader | May 16, 2019
A decent day on the street today as we did see stocks shake off early weakness and close higher on the session. It was nice to see stocks rallying, but the lack of volume was a bit disappointing to see. We would have love to seen institutional buyers’ step in and...
by Big Wave Trader | May 14, 2019
China trade talks are the soup de jour at the moment and market pundits are heavily focused on any tweet or headline regarding any news to the talks. The S&P 500 and NASDAQ Composite indexes are below their respective 50 day moving averages. It is the first time...
by Big Wave Trader | May 7, 2019
What a way to kick off the week with the Dow opening down more than 400 points. Fears over a trade deal falling through on a Trump tweet sent the algos scrambling selling futures Sunday night. What a truly amazing time to be alive with a simple tweet causing algos to...
by Big Wave Trader | May 1, 2019
Tuesday was a big time distribution day for the NASDAQ despite the index closing above its mid-point of the session. Thanks to GOOGL the index closed down 81 basis points as volume swelled over Monday’s level. The Dow and S&P 500 were able to sneak out gains and...
by Big Wave Trader | Apr 25, 2019
After Tuesday’s solid session traders followed up the day with a quieter day with volume coming in lower across the board. Not a bad way to follow up big gains, but it was also nice to see Small Cap stocks inch out gains while the NASDAQ and S&P 500 took a...
