by Joshua Hayes | Jun 18, 2017
To say the last six days have been an adventure in the stock market is an understatement. The DJIA, SPX, RUT, XLU, NYSE Advance/Decline line all hit new highs the past week, the DJT is nearing new highs, but the COMPQ and NDX look like they could be trying to top....
by Big Wave Trader | Jun 16, 2017
Yesterday’s end-of-day rally was quickly erased as sellers returned during the first part of today’s trading session. Early in the session Monday’s lows were challenged. The S&P 500 and NASDAQ both could find buyers at their lows. Volume was lower than Wednesday’s...
by Big Wave Trader | Jun 15, 2017
Once again, the Federal Reserve has raised interest rates as expected by another 25 basis points. The announcement came at 2pm eastern daylight savings time. Odds were in favor of a June or July rate hike and the central bank decided to go forth with another quarter...
by Big Wave Trader | Jun 14, 2017 |
Due to an unfortunate kitchen accident we will forgo commentary tonight. Cutting your thumb wide open is not a way to star your evening. Check back in tomorrow! By then, typing will be a lot easier!
by Big Wave Trader | Jun 13, 2017
The first half hour of trading sellers dominated the market as large cap technology stocks were once again facing unrelenting selling. It appeared we were going to have another day where the NASDAQ was down big with FB, AAPL, AMZN, NFLX, and GOOGL were leading to the...
by Big Wave Trader | Jun 7, 2017
An expected build in inventories helped send Crude Oil lower by more than 5% as the S&P 500 Energy sector finished the day down 1.5%. Luckily, the group only makes up 6% of the entire S&P 500. Financials were the winning sector of the day as Banks helped push...
