by Big Wave Trader | Feb 16, 2017
The S&P 500 closed higher for the 7th straight time as volume expanded over Tuesday’s level. Trump once again hinted at a massive tax cut plan and traders cheered the development. In addition, Yellen’s comments regarding rate hikes helped push the odds of a March...
by Big Wave Trader | Feb 14, 2017
A solid start to the week with gains across the board as the Trump Bump continues to grow. Volume was lower across the board, but typical for a Monday. We continue to see a healthy market despite what many may think. The NASDAQ continues to obey its 10-day moving...
by Joshua Hayes | Feb 12, 2017
The past six weeks has been a perfect example of why you should always obey your signals and never obey your feelings or emotions when it comes to trading the stock market for a living. For the past six weeks, I have been nervous about the overall bullish sentiment...
by Big Wave Trader | Feb 8, 2017
The story of this market continues to be the lack of volatility despite the Trump bump. It has been 37 days since the S&P 500 has seen a 1% move. While the put/call ratio has been above 1.0 we continue to see the VIX remain near multi-month lows. There is a lot of...
by Big Wave Trader | Feb 7, 2017
We are going to keep free market commentary light tonight, but we did have a decent day of rest for the market. Lower volume pullbacks are what the doctor ordered for this uptrend. We are now in the pattern of the market opening lower to begin the week only to see us...
