by Big Wave Trader | Mar 22, 2018
As expected the Federal Reserve raised rates again yesterday. The move comes as no surprise to the market as it was long expected the central bank would raise rates. We saw stocks bounce around but ultimately close lower on the session. Small caps were able to see...
by Big Wave Trader | Mar 20, 2018
As we inch closer to the latest FOMC meeting news breaking on FB and privacy concerns slammed the stock weighing on the broader market. The NASDAQ composite led the market decline closing lower by 1.8%. Small caps only finished the day down .98%. An interested...
by Big Wave Trader | Mar 15, 2018
Despite gapping higher to start the session Wednesday’s market saw stocks move lower. Volume was higher across the board. Not really a good signal but given the V-shaped rally we have this may be par for the course. The Dow remains the black sheep of the bunch as it...
by Big Wave Trader | Mar 13, 2018
For those who pay attention and need to consume the noise are concerned with the global macro picture. Tariffs are the main topic this week with many concerned over trade wars and costs of goods sold. All we care about is price and nothing more. Sure, cocktail parties...
by Big Wave Trader | Mar 8, 2018
The macro picture continues to be a headline grabber as another advisor to the US President steps down. Markets initially did not like the news as futures were down big Tuesday night. As it turns out the market simply did not care and small caps were the group to lead...
by Big Wave Trader | Mar 6, 2018
Shaking off early losses the market rebounded with the Dow Jones Industrial Average took the lead. Finishing higher by 1.37% the Dow was led by CAT and BA. Tariff talk dominated the headlines, but stocks seem to ignore the noise and push forward. Volume was lower...