by Big Wave Trader | Oct 13, 2017
The major market indexes finished lower yesterday as volume jumped higher. Transportation and Utilities continue to march higher. Real Estate stocks enjoyed a nice day as well despite the Fed all but guaranteeing a rate hike in December. Financials finished lower...
by Big Wave Trader | Oct 12, 2017
Just another day in this market where all-time highs keep coming and bears continue to get slammed. Earnings season is now upon us with bank earnings to kick-off the season. It appears that if we are going to get any down days they will be small and not clustered...
by Big Wave Trader | Oct 11, 2017
We continue to see new highs from this market, but you don’t hear exuberance from the crowd. What the crowd thinks or does is not of our concern. However, this market has been plagued by naysayers since 2009. It is not out of the question to see this continue. The...
by Big Wave Trader | Oct 10, 2017
A nice solid day of consolidation kicked off the week’s trading. Volume subsided by more than 10% across the board as stocks put in a day of much needed consolidation. There is no question we are a bit overheated, but days like Monday do help in relieving the...
by Big Wave Trader | Oct 6, 2017
Another solid day of gains on Thursday as the NASDAQ 100 led all the major market averages with nearly a 1% gain. Small caps lagged behind the broader market, but the group has had a gigantic run as of late. We are certainly in overbought territory and given the...
