by Big Wave Trader | Dec 27, 2017
Low volatility continues to reign supreme as stocks inch lower. AAPL weighed down the market, but it did find support at the 50-day moving average. A clear line of support. Small caps finished higher on the session while the broader market paused. Post-Christmas...
by Big Wave Trader | Dec 21, 2017
After many, many headlines the GOP’s tax cut plan was passed. Every day we were bombarded with headlines regarding the tax cut. Whether or not any of the promises or worries comes to fruition is another man’s guessing game. For now, stocks have been on a big run...
by Big Wave Trader | Dec 19, 2017
We continue to see buyers jump into the market as people cheer on the GOP tax plan. The Dow hit its 70th all-time high on Monday besting 1995’s year of 69 new all-time highs. This is not a bearish indicator and while we could experience a pause ultimately all these...
by Big Wave Trader | Dec 14, 2017
As expected the Federal Reserve Bank of the United States of America raised its benchmark rate another quarter point. Volume on the exchanges were mixed with volume on the NYSE was slightly lower as the NASDAQ saw volume inch higher. The Dow continues its monster run,...
by Big Wave Trader | Dec 12, 2017
Volume across both exchanges ended lower on the session despite closing all-time highs. Intraday all-time highs are within reach, but all eyes will begin to shift towards the Federal Reserve statement tomorrow at 2pm EST. The sore spot on the session was certainly...
