by Big Wave Trader | Jun 13, 2017
The first half hour of trading sellers dominated the market as large cap technology stocks were once again facing unrelenting selling. It appeared we were going to have another day where the NASDAQ was down big with FB, AAPL, AMZN, NFLX, and GOOGL were leading to the...
by Big Wave Trader | Jun 7, 2017
An expected build in inventories helped send Crude Oil lower by more than 5% as the S&P 500 Energy sector finished the day down 1.5%. Luckily, the group only makes up 6% of the entire S&P 500. Financials were the winning sector of the day as Banks helped push...
by Big Wave Trader | Jun 6, 2017
The final hour of trading sent stocks lower as the NASDAQ has its first distribution day since the 17th of May. Volume was running higher than Monday throughout the day, but selling picked up as the market closed out the session. In a positive development it was no...
by Big Wave Trader | Jun 5, 2017
Perhaps traders are suffering from a weekend hangover as stocks close lower in very light trading. Volume was lower across the board and below average. We actually need a few days where the market moves very little and volume is light. We have come quite a ways from a...
by Big Wave Trader | Jun 2, 2017
Despite all the negativity regarding the political and economic landscape our uptrend continues to remain intact. We continue to get new trading signals, a healthy sign for this uptrend. Yesterday, small cap stocks could jump more than 2% recovering from Wednesday’s...
