by Big Wave Trader | Jul 8, 2019 |
An unexpected jump in June Non-Farm Payrolls while positive reduces the possibility of the Fed cutting interest rates at their next meeting. Friday’s market saw SPY and QQQ end the day on the negative side of things while IWM closed strong in the green. Early Monday...
by Big Wave Trader | Jul 3, 2019
SPY hit a new all-time high yesterday as QQQ knock on the door. IWM slipped yesterday, but overall the market continues to push higher. Volume was light and this is expected as we head into the 4th of July holiday. Earnings season is around the corner too, keep this...
by Big Wave Trader | Jul 1, 2019
Over the weekend China and the US agree not to slap additional tariffs on each other’s goods as the two sides continue to negotiate a trade deal. Futures across the board are higher as a result as we head into the week. Friday we say small caps move higher leading the...
by Big Wave Trader | Jun 28, 2019
Today we will see the Russell family of indexes reconstitute. The Russell Rebalance event is a yearly even where all the Russell family of indexes rebalancing. We will see a massive amount of volume flood the markets at the end of the day as institutions adjust their...
by Big Wave Trader | Jun 26, 2019
Once again, we are at a familiar spot with this market. Worries over trade and the Fed have piled up. The real issue is whether a trade deal with China will get done. During Tuesday’s trading session we heard the Fed was not to be used as a short-term political policy...
by Big Wave Trader | Jun 25, 2019
Another bad day for IWM as it fell more than 1 percent in heavy volume. Traders and Investors alike are selling down their exposure to Small Cap stocks. QQQ and SPY held up relatively well and continue to consolidate their recent gains. Volume on the exchanges fell,...
