by Big Wave Trader | Nov 12, 2015
Heavy volume hits the market hard with small caps taking the brunt of the selling. Energy and Materials led the S&P 500 lower as commodity prices continue to slide. Lends to the question if the economy were strong wouldn’t commodity prices be at least stable?...
by Big Wave Trader | Nov 12, 2015
For the most part today was a pretty decent day of consolidation for the overall market. Early morning gains were quickly erased before the market could really get its feet underneath itself. Selling was not unrelenting as volume was well under Tuesday’s level. Small...
by Big Wave Trader | Nov 11, 2015
AAPL weighs down the NASDAQ as the broader market is led by the Russell 2000. It was nice to see small caps have a nice session, but the Russell 2000 remains well behind the NASDAQ 100 and S&P 500. Suppliers for AAPL did not have a good session, but aside from a...
by Big Wave Trader | Nov 10, 2015
Light volume selling was the story for much of the trading session until the final hour as buyers flood the market lifting the market off its lows. Monday’s continue to be light volume trading affairs. Tomorrow we will see volume return and it will be interesting to...
by Big Wave Trader | Nov 7, 2015
Stock market indexes closed out the week with another solid intraday session, rallying well off the lows closing near their intraday highs. The Nasdaq managed to close at its HOD adding further confirmation that the current uptrend is on solid footing. This is why our...
by Big Wave Trader | Nov 6, 2015
AMZN continued its push into all-time highs as the broader market pulls in prior to Friday’s job report. On the bright side small caps stocks were able to inch out gains. Utilities were hit hard as many believe the Federal Reserve is going to raise rates in December....
