by Joshua Hayes | Apr 11, 2017 |
Study, study, study!
by Big Wave Trader | Apr 11, 2017
So much for any exciting market action today as the stocks closed flat on light volume. A mid-day sell-off did spark some interest, but once again this market found a way to muster enough support. We continue to see this market look very fragile and yet find a way to...
by Joshua Hayes | Apr 9, 2017
The overall market continues to lack any clear direction with individual stocks in my personal holdings looking pretty darn strong/solid overall but the overall market/tape looking quite problematic. The MACD and RSI(14) oscillators are all still trending lower on...
by Big Wave Trader | Apr 7, 2017
Today’s light volume affair was uneventful as the market awaits Friday’s job report. The good news is we did not sell sellers pick up where they left off after Wednesday’s debacle. We continue to see a lack of follow-through to the downside which is...
by Big Wave Trader | Apr 6, 2017
The latest release of the Federal Reserve Open Market Committee meeting minutes sparked a nasty sell-off during the final hours of trading. Sellers were in a hurry to dump Small Cap stocks as the group continues to act very weak. Distribution is certainly elevated,...
by Big Wave Trader | Apr 5, 2017
Another lackluster session as the market continues to remain range bound. Small cap stocks continue to lag the broader market and the Russell 2000 remains below its 50 day moving average. Investors are simply not excited to jump into small cap stocks. At some point...
