by Big Wave Trader | Mar 21, 2019
The FOMC meeting concluded yesterday and they certainly signaled rates will remain steady for the foreseeable future. Stocks cheered the initially after the release of the statement at 2pm EST. However, by the final hour sellers were able to wrestle control and knock...
by Big Wave Trader | Mar 19, 2019
Monday’s trading session began with buyers coming back into the market soaking up supply and pushing prices higher. Without warning, as 11am EST hit sellers regained control sending stocks lower. While we will not use hyperbole to describe the drop it was certainly...
by Big Wave Trader | Mar 14, 2019
Volume was up across the board as the NASDAQ 100 led the way for major market indexes. It was nice to see volume jump along with price. However, the downside was the lack of leadership from the Russell 2000 as Small Caps have been a bit shunned for a few weeks. NYSE...
by Big Wave Trader | Mar 12, 2019
A big start to the week for the stocks as the NASDAQ and Russell 2000 lead the market higher. Volume was mixed as NYSE ended the day higher while NASDAQ volume was lower. After last week’s decline it was nice to see the rebound. We still would like this market to...
by Big Wave Trader | Mar 7, 2019
We are finally seeing some pullback in the markets. Volume is a bit elevated and the Russell 2000 losses are a bit much. However, we have come a long way from the December lows and a little volatility should be expected. Overall, the market was a bit overbought and a...
by Big Wave Trader | Mar 5, 2019
Just short of a nasty day in the market only a late day kick save helped alleviate some of the selling witnessed during Monday’s session. Volume was higher across the board and coupled with price declines the market notched a distribution day across all major market...
