by Big Wave Trader | Jun 24, 2019
Once again Small Caps stocks as measured by the Russell 2000 had a difficult time Friday lagging the broader stock market. After hitting an all-time high on Thursday SPY has stumbled a bit. QQQs have yet to reach its all-time high set back in April. This rally has...
by Big Wave Trader | Jun 21, 2019
Another day of gains for the stock market as buyers rush back into stocks. Volume was higher on the NYSE as well as the NASDAQ. The Russell 2000 lagged behind for the session as traders continue to flock towards larger cap names. We would very much like to see traders...
by Big Wave Trader | Jun 19, 2019
A big day on the street during Tuesday’s session. Trump notified the world the US and China would meet at the upcoming G20 summit. Volume swelled as stocks rose. It was a great sign to see volume supporting solid price gains. All eyes will be focused on the Fed...
by Big Wave Trader | Jun 17, 2019
NYSE volume was higher on Friday as the Dow and S&P 500 ended the session with small losses. The NASDAQ and Russell 2000 each ended the day with heavier losses, but volume fell on the NASDAQ Stock Exchange avoiding a day of distribution. Utilities continue to...
by Big Wave Trader | Jun 13, 2019
Volume was much lower than during Tuesday session as stocks look to consolidate gains after following through last Friday. Two to three-day consolidation periods are healthy for the market and since we have avoided distribution it appears this rally may have some...
by Big Wave Trader | Jun 11, 2019
From the onset it appeared as if we were going to see another strong day for the markets. Unfortunately, as the afternoon wore on sellers had the upper hand. SPY closed higher by .46%, but well off its high of the session. IWM suffered the same fate while QQQ was able...
