by Big Wave Trader | Jun 28, 2018
Perhaps the tariffs are going to weigh more on the economy and rate hikes have gone too far, but the fact of the matter is this market is floundering. Volume was up across the board as the market hit another day of distribution. The Russell 2000 led the market lower...
by Big Wave Trader | Jun 26, 2018
Following Friday’s Russell Rebalance the market witnessed hefty selling to begin the last week of June. Volume wouldn’t eclipse Friday’s level due to the rebalance or reconstitution of all Russell indexes, but price damage was done. Utilities were the safe haven on...
by Big Wave Trader | Jun 21, 2018
We continue to see the Dow Jones Industrial average struggle with looming trade fears hang over the market. In the meantime, we see Small and Micro Cap stocks blast higher into new all-time territory. Volume was lower across the board as institutions weren’t all that...
by Big Wave Trader | Jun 12, 2018
Geopolitics was on center stage on Monday with the North Korean/US summit. The highly anticipated summit went on as planned, but markets have shifted focus. There have been deals struck before only to see them cheated or even ripped up. Whether or not this one holds...
by Big Wave Trader | Jun 7, 2018
A big day for the Dow Jones Industrial Average as Boeing (BA) leads the pack pushing the index up nearly 350 points on the session. It was nice to see the overall market move higher with volume expanding day-over-day. It would be great to see this price action...
by Big Wave Trader | Jun 5, 2018
Monday’s positive start was a good sign with the Dow leading the way with decent gains. Exchange volume fell against Friday’s level, but overall price action was positive. We still can’t seem to get exchange volume and price action moving in tandem. Energy was the...
