by Big Wave Trader | Oct 25, 2019
While tech stocks enjoyed a good day on Thursday AMZN’s earnings disappointed after the close weighing heavily on early morning futures. Volume was higher during Thursday’s session. A good sign for Thursday’s session. We will need to see the overall market overcome...
by Big Wave Trader | Oct 23, 2019
A tough day for the NASDAQ 100 as FB falls in heavy trade. Combined with the price decline and uptick in volume the NASDAQ notched a day of distribution. Volume on the NYSE was lower for Tuesday’s trading session. FB declined nearly 4% after news regarding states...
by Big Wave Trader | Oct 21, 2019
Earnings season is now in full swing as we continue to see companies’ top estimates. Will earnings be enough to push this market back to all-time highs will be interesting to watch. IWM still remains stuck in a rut while SPY, QQQ, and DIA look poised to push into...
by Big Wave Trader | Oct 18, 2019
A solid session from IWM on Thursday as the ETF rose 1.18%. DIA barely inched higher as volume eased up across both the NYSE and NASDAQ exchanges. Not a bad session for stocks overall. We still have headline risk despite some optimism on a phased trade deal approach....
by Big Wave Trader | Oct 16, 2019
Tuesday’s session witnessed stocks push higher on stronger volume. A good sign to see solid price gains and volume behind it. Despite closing off their highs of the session the general market had a good day Tuesday. Healthcare was the leading sector in the S&P...
by Big Wave Trader | Oct 14, 2019
Headlines of a deal getting done in a phased approached had investors and traders alike push stocks higher. Volume jumped on the session indicating a jump in institutional activity. Early Monday morning news from the Chinese state media indicating the deal needs to be...
