by Big Wave Trader | Aug 4, 2017
Futures are pushing higher this morning in anticipating a positive jobs report. Yesterday’s action was once again okay as the NASDAQ and S&P 500 closed lower without too much damage. The Dow hit its 7th all-time high in a row. There is nothing bearish about new...
by Big Wave Trader | Aug 3, 2017
Yesterday’s trading action was not precisely what you would like to see out of this market. First, it was nice to see support at the morning lows and for the market to shake off sellers. However, internally our portfolios saw a lot of weakness. Small cap stocks...
by Big Wave Trader | Aug 2, 2017
It was just another day at the office for this market as we saw the Dow Jones Industrial Average strike another all-time high yesterday. NYSE volume edged slightly higher with NASDAQ lower. AAPL’s jump in after-hours trading will certainly aid the indexes as well as...
by Big Wave Trader | Aug 1, 2017
The Dow Jones Industrial Average continues to benefit from earnings as the index once again hit an all-time high on Monday. NASDAQ 100 struggled with AMZN struggling. AAPL reports Tuesday after the bell and should have an impact on Wednesday. Tuesday’s trading will...
by Big Wave Trader | Jul 28, 2017
Thursday’s selling was dramatic and hard hitting. The late day rally took the sting out of the selling, but damage had been done. Volatility picked up a bit, but nothing in terms of panic. We have yet to experience in a while a true correction and where the VIX gets...
by Big Wave Trader | Jul 27, 2017
A lackluster day for the markets after the Fed stated their run-off of their balance sheet would begin relatively soon. While initially the market dropped and popped it was unable to really muster up enough buyers to return to the highs of the session. Small caps...