by Big Wave Trader | Jun 7, 2018
A big day for the Dow Jones Industrial Average as Boeing (BA) leads the pack pushing the index up nearly 350 points on the session. It was nice to see the overall market move higher with volume expanding day-over-day. It would be great to see this price action...
by Big Wave Trader | Jun 5, 2018
Monday’s positive start was a good sign with the Dow leading the way with decent gains. Exchange volume fell against Friday’s level, but overall price action was positive. We still can’t seem to get exchange volume and price action moving in tandem. Energy was the...
by Big Wave Trader | May 30, 2018
Distribution struck the major market averages as financials fell more than 3% on the session. Bonds enjoyed gains as the 10-year yield has fallen nearly 30bps since last week. Despite the Federal Reserve Bank set to raise rates again in June Financials are not trading...
by Big Wave Trader | May 23, 2018
It must be summer as trading volume continues to be light overall and price action continues to be sloppy. The NASDAQ composite coughed up morning gains, but volume failed to eclipse Monday’s trade. The Dow and S&P 500 were not as fortunate as volume was higher on...
by Big Wave Trader | May 17, 2018
A day after bond yields jump small caps follow-up with solid gains. Volume was lower across the board, but not a huge surprise given we have seen this story before. Materials led the S&P 500 with gains over 1%. Real Estate and Utilities were the biggest losers as...
