by Big Wave Trader | May 30, 2018
Distribution struck the major market averages as financials fell more than 3% on the session. Bonds enjoyed gains as the 10-year yield has fallen nearly 30bps since last week. Despite the Federal Reserve Bank set to raise rates again in June Financials are not trading...
by Joshua Hayes | May 29, 2018
Aloha everyone! I hope you all had a great Memorial Day weekend. Here are two of the new long positions I am taking Tuesday morning along with a review of all of my long positions hitting new highs–since my entry–this Friday. Aloha and great luck during the upcoming...
by Big Wave Trader | May 23, 2018
It must be summer as trading volume continues to be light overall and price action continues to be sloppy. The NASDAQ composite coughed up morning gains, but volume failed to eclipse Monday’s trade. The Dow and S&P 500 were not as fortunate as volume was higher on...
by Joshua Hayes | May 21, 2018
Here are two of the new long positions I am taking Monday morning along with a review of all of my long positions hitting new highs–since my entry–this Friday. Aloha! New Long Positions: VRSK CAVM VRSK CAVM Top Current Holdings: UAVS CDNA URGN BZQ BGNE...
by Big Wave Trader | May 17, 2018
A day after bond yields jump small caps follow-up with solid gains. Volume was lower across the board, but not a huge surprise given we have seen this story before. Materials led the S&P 500 with gains over 1%. Real Estate and Utilities were the biggest losers as...
by Big Wave Trader | May 15, 2018 |
Monday morning trading started off well for the entire market. Small cap stocks broke through highs and all seemed like it was going well. It appeared small caps were going to finally break through resistance and finally run higher. Sellers were not going to have any...
