by Big Wave Trader | Nov 8, 2019
Leading the session higher was the Dow Jones Industrial Average with a gain of 182 points. NASDAQ and S&P 500 ended with gains. XLU was a big loser on the day as sellers pushed the group lower. Higher bond yields are not helping either. XLRE too ended lower by...
by Big Wave Trader | Nov 6, 2019
Tuesday’s session kicked off with gains, but sellers had other ideas. The S&P 500 closed on the session while the Dow and NASDAQ closed with slight gains. Volume was up on the session at each exchange. It would have been nice to see the broader market close at...
by Big Wave Trader | Nov 4, 2019
The first full week of November kicks off this week after a solid day of gains on Friday. Futures are indicating a modest open to begin the week. Friday’s volume was a bit of a disappointment given the solid gains across the board. Once again, this market will simply...
by Big Wave Trader | Nov 1, 2019
The Dow and S&P 500 notch a day of distribution on Thursday as volume swelled across the board. Small Cap stocks led the market lower while the NASDAQ was able to escape distribution. This market is knocking at all-time highs a day of distribution should not be a...
by Big Wave Trader | Oct 30, 2019
A solid day of gains for small cap stocks as measured by IWM, but QQQ stumbles after GOOGL falls post earnings. Volume was mixed on the session with NASDAQ volume ending lower while NYSE inched higher. The NASDAQ escaped a day of distribution. DIA closed flat with a...
by Big Wave Trader | Oct 28, 2019
The last few days of trading in October will be fun. On Wednesday, we will hear from the FOMC regarding interest rates as well as AAPL Earnings. Odds favor another rate cut from the central bank and AAPL is expected to earn $2.84 a share according to Zach’s Investment...
