by Big Wave Trader | Feb 12, 2019
Overall, a very dull session as the market sees the lightest trading day since August. Not a real surprise as we do see light volume on Mondays. Will it be significant is anyone’s best guess. We definitely would like to see the market consolidate in a tight manner for...
by Big Wave Trader | Feb 8, 2019
While stocks were able to finish off their lows of the session the price decline coupled with volume notched a day of distribution. The good news for the market was we were able to see the major market averages hold their respective 10-day moving average. Another...
by Big Wave Trader | Feb 5, 2019
We continue to see stocks rally off the December lows. The NASDAQ led all major market averages with the Russell 2000 a close second. Volume was normal a Monday, lower than Friday. It would be great to see some resemblance of a consolidation period. Gains are...
by Big Wave Trader | Jan 31, 2019
Wednesday was a banner day for the stock market yesterday with hefty price gains supported by strong volume. It helped we had AAPL earnings and the Fed to assist with volume. However, strong price gains are nice to see and odds of the major market indexes testing...
by Big Wave Trader | Jan 29, 2019
This week is a huge week for the stock market. Wednesday at 2pm we receive another FOMC headline and a slew of earnings reports. CAT and NVDA both disappointed as the general market ended in the red. Certainly a positive was we were saw stocks closing near session...
