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...
by Big Wave Trader | May 3, 2017
We saw a big jump in volume today despite the lack of movement from the market. Small caps continue to trade sluggishly as the index was the only major index to close in the red. Tomorrow’s Fed statement will be closely watched by majority of the market participants....
by Big Wave Trader | May 1, 2017
AAPL hit another all-time high today along with AMZN sending the NASDAQ to another new all-time high as well. We continue to see strong moves in the NASDAQ 100 as earnings season continues to roll. While earnings continue to hit the wires, many will be paying close...
by Big Wave Trader | Apr 28, 2017
Last Friday morning we wrote commentary regarding how the market was poised to run higher. Was it luck we were so timely with the post? Luck is where preparation meets opportunity. We have been quite long this market for some time only because price action and our...
by Big Wave Trader | Apr 27, 2017
After a good start to the week stocks take a break pushing higher. Small cap stocks were up more than 1% on the session, but could not hold onto gains as the index closed well off its high of the day. Volume was mixed as NYSE volume was higher on the session while...
by Big Wave Trader | Apr 26, 2017
Another solid day for the markets with big gains and volume too. We continue to reap the benefits of being long this market. While complexity sells out model boils down to proper risk management and following price action. Geopolitical risks are baked into the price...
