by Big Wave Trader | Dec 7, 2016
A solid session as small caps stock lead the overall market higher. NASDAQ volume was higher on the session with NYSE volume falling just short of Monday’s level. We continue to see positive action from this market, yet we still do not see any blow off type moves....
by Big Wave Trader | Dec 6, 2016
A solid session for the Russell 2000 and NASDAQ coming off last week’s lackluster performance. Volume was mixed as volume on the NYSE ended higher. We did see the NASDAQ bounce off its 50-day moving average, but we did not see big institutions pile into technology...
by Joshua Hayes | Dec 4, 2016
The bifurcation in the current overall market is simply something I am not willing to casually overlook right now. The last time I saw something this extreme was back in 1999/2000 and that did not turn out well. So until I start witnessing the overall market moving in...
by Big Wave Trader | Dec 1, 2016
November closes out on a sour note despite gains for the month. Volume soared as end of the month rebalancing flooded the final hour of trading. Facebook, Apple, Amazon, Netflix, and Google weighed down the NASDAQ 100 closing lower by 1.28%. The NASDAQ closed with a...
by Big Wave Trader | Nov 30, 2016
Much of the day the NASDAQ appeared to be well on its way moving higher on excellent volume. Crude oil was moving lower as headlines over an OPEC deal were pessimistic about a supply cut. Volume was higher across the board as the hangover from the long weekend wore...
by Big Wave Trader | Nov 29, 2016
It was bound to happen to the Russell 2000 index. We finally saw a down day. One heck of a win streak for the small cap index as the final win streak ended at 15 days. We have not seen a rally like this in quite some time. You will have your naysayers and pundits will...