by Big Wave Trader | Oct 11, 2019
This stock market is tied to whether a trade deal is struck between the United States and China. On the side, there is optimism over a Brexit deal. However, it pales in comparison to the two biggest economies in the world. The broader market was higher on the...
by Big Wave Trader | Oct 9, 2019
Despite news the Federal Reserve was going to expand its balance sheet stocks finished near the lows of the session. IWM led the major market ETFs lower finishing the day down 1.63%. Volume picked up across the board from Monday’s session. Headline risk remains a real...
by Big Wave Trader | Oct 7, 2019
Friday saw stocks rise across the board led by the NASDAQ 100. Yes, you guessed it right small caps as measured by the Russell 2000 lagged the broader market rising less than 1% on the session. Volume eased across the board indicating institutions were not in a rush...
by Big Wave Trader | Oct 4, 2019
Thursday’s session began how Wednesday left out. Sellers were dominating sending the overall market lower. It would not have surprised many people to see the market continue to sell-off and in fact many were expecting to see stock plunge lower. We expect anything can...
by Big Wave Trader | Oct 2, 2019
It is now the same old story. Price weakness continues and stocks simply cannot get out of their own way. Manufacturing declined for the first time in a long time. This sparked fears regarding a recession. Mind you we have not seen a recession in a decade. A reset...
by Big Wave Trader | Sep 30, 2019
Friday’s price action was not ideal as volume jumped as losses grew. The NASDAQ 100 led the decline as measured by QQQ. For once, the decline was not led by IWM. Volume was higher across the board as institutions continue to sell stocks. We continue to have a choppy...
