by Big Wave Trader | Apr 25, 2018
Yesterday’s price action is certainly concerning. Heavy volume selling hit the large cap indexes hard as investors seemingly are dumping no matter the cost. Small caps surprisingly have held up quite well given the circumstances. Last year we saw large cap tech stocks...
by Big Wave Trader | Apr 17, 2018
Monday’s session was a good sign from the markets yesterday as we saw the market move higher with volume running higher than Friday. Typically we see volume end lower on Monday’s, but yesterday was a bit different. Volume wasn’t extraordinary higher, but it was...
by Big Wave Trader | Apr 12, 2018
Volume was well off on Wednesday’s session as the Russell 2000 ended the session higher. We avoided distribution and that is a good sign for now. Any follow-through day followed by a distribution day ends the confirmed rally 99%% of the time. The positive here is we...
by Big Wave Trader | Apr 10, 2018
A roller coaster of a day for stocks as fears over trade gripped the market towards the latter half of the day. Topping off the selling was the reaction to Trumps Lawyers office raid. Volume was well off from Friday’s level; indication traders weren’t as active in the...
by Big Wave Trader | Apr 5, 2018
What a wild ride stocks had on Wednesday. Overnight futures were hit hard on the news China imposed their own tariffs on US goods. The tariff war between the US and China has sent some shockwaves through the markets, but in all likelihood there will be a deal struck....