by Big Wave Trader | Nov 30, 2017
Wednesday’s market action was certainly interesting with the NASDAQ 100 coming under a lot of selling pressure. Volume soared as institutions appeared to be leading the charge selling down NASDAQ 100 names. FANG stocks were hit hard and apart from NFLX were able to...
by Big Wave Trader | Nov 29, 2017
The two biggest stories of the day on Tuesday were certainly Bitcoin heading to 10,000 and North Korea launching another missile. First, North Korea has been quiet as of late. We did have some rhetoric from the isolated regime, but military activity hadn’t been...
by Big Wave Trader | Nov 28, 2017
First and foremost, we hope everyone had a fantastic Thanksgiving week and weekend. The Dow was able to squeak out gains during Monday’s session. Small cap stocks as measured by the Russell 2000 index were down the most at 39bps. VIX dropped nearly 2% as low...
by Big Wave Trader | Nov 22, 2017 |
In a show a strength buyers came out in full force and pushed stocks to more all-time highs. Earnings are the excuse, but this uptrend has been in place for quite some time. Volume was up across the board indicating buyers were more than happier to pay up for stocks....
by Big Wave Trader | Nov 21, 2017
It is Thanksgiving week here in the US and historically speaking is a good week for gains. Volume was lighter on Monday, but gains were made in the Russell 2000 and Dow Jones Industrial Average. We had our normal news flow, but calls for a market top are now coming...
by Big Wave Trader | Nov 17, 2017
After the market had gone quiet for a few days we get a day like Thursday. Sentiment across the world had quickly become bearish as many are looking to pick the top of the market. We on the other hand simply follow the trend and react to the market rather than...
