by Big Wave Trader | Aug 10, 2017
Volume was mixed across the board as NYSE volume fell with NASDAQ volume rising on the session. The NASDAQ fell 56bps and given the higher volume is classified as a distribution day. We expect lackluster to weak action during the summer months and yesterday was a...
by Big Wave Trader | Aug 9, 2017
Tuesday was not the type of day you would expect after the mornings strength. Volume rose on the session as traders left as quickly as they entered the market Tuesday morning. The high turnover produced a bearish reversal for the first time in quite some time. AAPL...
by Big Wave Trader | Aug 8, 2017
Once again, the Dow sets another record high for the 9th straight day closing higher for the 10th day in a row. While gains are not tremendous we continue to see the index act well despite the negativity surrounding the market. The QQQs finished higher by 63bps...
by Big Wave Trader | Aug 4, 2017
Futures are pushing higher this morning in anticipating a positive jobs report. Yesterday’s action was once again okay as the NASDAQ and S&P 500 closed lower without too much damage. The Dow hit its 7th all-time high in a row. There is nothing bearish about new...
by Big Wave Trader | Aug 3, 2017
Yesterday’s trading action was not precisely what you would like to see out of this market. First, it was nice to see support at the morning lows and for the market to shake off sellers. However, internally our portfolios saw a lot of weakness. Small cap stocks...
