by Big Wave Trader | Feb 21, 2018
Volatility still remains as stocks enjoy a wild ride on Monday. Volume was lower on the session; good sign institutions were not selling stock. After the V-shaped nature of the rally a day like Monday is not out of the question. The bad news was the S&P 500 fell...
by Big Wave Trader | Feb 16, 2018
A big rally once again helps push the major indexes higher. The NASDAQ 100 was the clear winner with NFLX, BIDU, and CSCO posting big gains on the session. CSCO jumped to a new high on the back of an earnings release. Volume ended the session lower as buyers lost a...
by Big Wave Trader | Feb 14, 2018
Tuesday’s market action was solid from a price perspective as stocks were able to shake off early losses and close higher. The knock on the session was once again volume came in lower than the previous trading session. It would have been nice to see the market...
by Big Wave Trader | Feb 13, 2018
Many traders on Friday were rejoicing they had found the bottom and were long the market. While Friday’s action was a first good start we are not out of the woods just yet. Our strategy isn’t to pinpoint market turns. We and other professional traders have found it’s...
by Big Wave Trader | Feb 9, 2018
Sellers rejoice as stocks fall hard. Pundits are blaming anyone from “idiots” to higher interest rates. Volume was up across the board, but far from Monday’s level and not indicating a washout. We have been warning not to be in a rush back into this market. This type...