by Big Wave Trader | Nov 14, 2017
Monday’s session saw stocks inch higher finishing off their lows after a shaky start to the day. We continue to see bullish action and although gains are minimal there is still buying power underneath. AMZN and NFLX helped the NASDAQ out with gains today as both...
by Big Wave Trader | Nov 10, 2017
We finally got a bit of volatility, but once again this market showed its resiliency and pushed off the lows to finish the day strong. Where we go next is anyone’s best guess. However, Thursday’s action shows we still have a strong market and we must respect its...
by Big Wave Trader | Nov 9, 2017
Wednesday’s action has been much of the same. Low volatility continues with gains. Commentary is a little late and we have the luxury of seeing futures down more than we have seen recently. Perhaps volatility will finally creep in and we can finally get a meaningful...
by Big Wave Trader | Nov 8, 2017
A tale of separate tapes on Tuesday with Small Cap stocks suffering the worse and the NASDAQ notching a day of distribution. The Dow and S&P 500 essentially ended the day flat avoiding trouble. Not a great sign to see heavy selling in the Russell 2000 today. While...
by Big Wave Trader | Nov 6, 2017
Last week fell right in-line with this market’s overall trend. We continue to see tight trading action with positive reactions to earnings (for the most part). Bulls are elevated, but the overall trend is strong and that is all that matters to us. We keep harping on...
