by Big Wave Trader | Jun 6, 2017
The final hour of trading sent stocks lower as the NASDAQ has its first distribution day since the 17th of May. Volume was running higher than Monday throughout the day, but selling picked up as the market closed out the session. In a positive development it was no...
by Big Wave Trader | Jun 5, 2017
Perhaps traders are suffering from a weekend hangover as stocks close lower in very light trading. Volume was lower across the board and below average. We actually need a few days where the market moves very little and volume is light. We have come quite a ways from a...
by Joshua Hayes | Jun 4, 2017
Stocks staged a pretty decent follow-through, on Friday, to the Wednesday reversal and Thursday rally. Stocks did not manage to trend up the entire day but some selling in the final 30 minutes was accumulated into the close. The RUT started to lag around mid-day and...
by Big Wave Trader | Jun 2, 2017
Despite all the negativity regarding the political and economic landscape our uptrend continues to remain intact. We continue to get new trading signals, a healthy sign for this uptrend. Yesterday, small cap stocks could jump more than 2% recovering from Wednesday’s...
by Big Wave Trader | Jun 1, 2017
A great start to the day as traders quickly erased yesterday’s losses. However, it did not last long as sellers got ahold of the market and slammed it lower. The rollover appeared to be severe as volume was running hot and there were no signs of support until after...
by Big Wave Trader | May 30, 2017
A relatively quiet day on the street in terms of volatility, but stock couldn’t muster the necessary buyers to end in positive territory. Small cap stocks performed the worse as sellers hit the group hard. The Russell 2000 closed below its 50 day moving average....
