by Big Wave Trader | May 16, 2017
Today was a decent start to the week as the Russell 2000 lead the stock market higher. Volume was higher across the board as institutions were able and willing to accumulate shares. News of North Korea launching a missile continued to dominate the headlines, but the...
by Big Wave Trader | May 12, 2017
To the surprise of many this market continues to find support. We may also point to the extreme low in volatility. Looking at the VIX we can see the option traders simply do not see volatility picking up over the next month or is it no one is buying protection because...
by Big Wave Trader | May 11, 2017
Another day where stocks simply remain in a relatively tight range. We simply are in a market where volatility by any measure is not present. Sure, this may change in the future. Now, we simply are not seeing stocks move much day-over-day let along intraday. It is...
by Big Wave Trader | May 10, 2017
This market continues to remain tight range and today was no exception. The Nasdaq once again hit an all-time high, but failed to close out near the highs of the session. Volume was mixed with Nasdaq volume falling short of Monday’s level while volume on the NYSE was...
by Big Wave Trader | May 9, 2017
The French elections turned out to be much to do about nothing. We saw the market completely ignore the news of Macron’s victory. More importantly, the NASDAQ notched another all-time high as AAPL continues to set new all-time highs. Volume was nearly twice its 50 day...
by Big Wave Trader | May 5, 2017
Despite some intraday fireworks, it was crude oil stealing the show falling to new lows since OPEC announced its production cuts. The Dow Jones Industrial average fell more than 100 points on the session as crude headed towards its day’s low. Even as the market looked...
