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....
by Big Wave Trader | May 26, 2017
Last Wednesday’s selling has been completely erased and the market is now back to all-time highs. Volume on the session expanded as traders continue to find themselves back into the market. What we heard last week was Trump was going to destroy the market and he was...
by Big Wave Trader | May 25, 2017
One heck of a market. No commnetary tonight.
by Big Wave Trader | May 24, 2017
The slow push to get back above the high of the day last Wednesday continued today as volume slid lower on the session. Whether or not this is purely short covering remains to be seen, but we continue to remain in our current uptrend. GOOGL hit a new all-time high,...
by Big Wave Trader | May 22, 2017
A solid day for price gains as big cap technology stocks continue to find buyers pushing the market higher. We have almost completely wiped out last Wednesday session. Many were quick to call a top last week as Wednesday’s action was a little concerning. This is where...
by Big Wave Trader | May 18, 2017
A tough day for the market as we finally see market volatility find its way back to the market. Financials were a sore spot for the market today. Rate hike odds fell as bond prices jump over fears Trump may be impeached. These fears are not that new, but perhaps an...