by Big Wave Trader | Oct 11, 2017
We continue to see new highs from this market, but you don’t hear exuberance from the crowd. What the crowd thinks or does is not of our concern. However, this market has been plagued by naysayers since 2009. It is not out of the question to see this continue. The...
by Big Wave Trader | Oct 10, 2017
A nice solid day of consolidation kicked off the week’s trading. Volume subsided by more than 10% across the board as stocks put in a day of much needed consolidation. There is no question we are a bit overheated, but days like Monday do help in relieving the...
by Big Wave Trader | Oct 6, 2017
Another solid day of gains on Thursday as the NASDAQ 100 led all the major market averages with nearly a 1% gain. Small caps lagged behind the broader market, but the group has had a gigantic run as of late. We are certainly in overbought territory and given the...
by Big Wave Trader | Oct 5, 2017
This market is certainly relentless as we continue to see this market make gains. The Russell 2000 index finally saw its first down day since the 21st of September ending an 8-day win streak. VIX remains in the single digits with many not expecting much volatility...
by Big Wave Trader | Oct 3, 2017
Led by small cap stocks the market jumped higher again. The Russell 2000 gained more than 1.25% on the session while the Dow gained 153 points. A nice start to the week and quarter. Volume edged lower, but no real surprise there. We have a market that may be a little...
by Big Wave Trader | Sep 29, 2017
This market continues to run higher despite all the naysayers. Small cap stocks have been on a tear since mid-August. Now, IWM is overbought in extreme terms a small pullback here would not surprise us in the least. SPY and QQQ remain in their uptrends and look...
