by Big Wave Trader | Aug 21, 2019
The S&P 500 led the market lower on Tuesday. Volume was lower across both the NYSE and NASDAQ exchanges. A positive sign for the market as we did not record a distribution day. At the level of decline witnessed on Tuesday had volume been higher Tuesday would have...
by Big Wave Trader | Aug 20, 2019
A little disappointing, we did not see higher turnover on Monday as we saw stocks post solid price gains. Monday’s session had the opportunity to be a really great day. Institutions weren’t willing to accumulate shares at a high enough clip. Yields rose a bit coming...
by Big Wave Trader | Aug 19, 2019
A wild week on Wall Street closed out with gains. Certainly, a good way to close the week despite not having volume higher. It was nice to see after the Distribution Day on Wednesday the broader market did not crater. While Thursday did see some further selling, we...
by Big Wave Trader | Aug 15, 2019
An ugly day for stock market bulls on Wednesday as sellers hammer stocks lower. Fears over everything at this point are driving stocks lower. Tuesday’s follow-through day was shoved aside quickly all but ending this most recent rally. Failure will be complete if...
by Big Wave Trader | Aug 14, 2019
A solid turnaround after news hit tariffs were being delayed. Hopes of a US-China trade deal help lift stocks. Volume was up across the board as institutions rushed back into the market. The NASDAQ led the market higher gaining nearly 2% confirming a new market rally....
by Big Wave Trader | Aug 13, 2019
A light day on Wall Street for Monday’s trading session as stocks close lower across the board. Volume was lower across both NYSE and the NASDAQ. A heavy volume day with hefty losses would have indicated institutions were active in dumping stocks. No matter your...
