by Big Wave Trader | Nov 20, 2018
An ugly day to start the holiday shortened week. Volume was lower across the board, but price declines cut deep. The NASDAQ Composite index fell more than 3% on the session as AAPL and AMZN continue their declining price trend. We do have a holiday shortened week and...
by Big Wave Trader | Nov 15, 2018
Once again weak price action prevailed across the market. Volume was higher across the board as market participants are selling down their holdings. There are a variety of reasons for this market decline, but remember we have yet to see a sniff of a proper correction...
by Big Wave Trader | Nov 14, 2018
Yesterday’s market action should give you some serious pause as the viability of the current uptrend. Volume rose across the board and yet buyers were unable to keep stocks at their highs of the session. The end-of-day action was weak and indicative of the health we...
by Big Wave Trader | Nov 13, 2018
AAPL wasn’t the worse loser in the NASDAQ, but the stock’s decline helped push stocks lower across the board. Volume wasn’t higher, but price action remains weak and hints at further weakness ahead. News of a new round of tariffs targeting autos was the excuse stocks...
by Big Wave Trader | Nov 6, 2018
Monday’s session was quiet, but AAPL weighed down the NASDAQ. The Dow and S&P 500 were able to extend the current rally off the lows. Tuesday we will deal with nonstop election coverage from news outlets if you choose to subject your self to it. In addition,...
by Big Wave Trader | Nov 2, 2018
October was not a kind to stocks especially small cap stocks. The entire market was hit hard by selling. Most who haven’t seen a real correction like 2000 and 2008 thought what we saw in October was devastating. Things can get a lot worse. For those who followed Big...
