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...
by Joshua Hayes | Apr 1, 2017
That elusive strong close just kept getting further and further away with each attempted dead-cat bounce this week. I must say that for a low overall volume bounce, my positions have held up beyond extremely well with zero stops triggering intraday on Friday and only...
by Big Wave Trader | Mar 31, 2017
Leading the day were financials as the group jumped higher leading the entire market higher. Utilities were the day’s biggest losers as the 10-year treasury note moved back above 2.4% today. Energy took a breather closing flat on the session after a solid 5-day...
by Big Wave Trader | Mar 30, 2017
Energy was the biggest winner on today’s session as crude oil prices near $50 a barrel. Crude oil rallied after inventories showed a build. Financials were the biggest losers on the session even as a few Fed members hinted at more rate hikes this year. The NASDAQ...
by Big Wave Trader | Mar 29, 2017
While AAPL hit another new all-time high today while Energy and Financials helped push the S&P 500 and Dow Jones higher. The S&P 500 and NASDAQ have shown support at their respective 50 day moving averages. Volume was higher across the board indicating traders...
by Big Wave Trader | Mar 28, 2017
After Friday’s rally following the news Trumpcare would not see a vote did not carry over to the opening of futures Sunday night. While the losses weren’t spectacular they were quite large compared to what we have seen from this market lately. Futures continued to...
