Big Wave Trading Weekend Update

Price action. Price action. Price action. This is what it is all about. When you consider all the noise the past two weeks, there still has been one consistent piece of data the entire time. If you take a look at a daily chart of the SP-500 or the Nasdaq you can see...

Fed Holds Rates Steady; AAPL Buoys NASDAQ

Once again stocks find some support at the day’s lows only to rally higher. AAPL’s jump helped out the NASDAQ and NASDAQ 100 tremendously as the stock jumped after reporting earnings. The Fed released a statement after its most recent meeting holding rates steady and...

Small Cap Stocks Lead Rebound

Small cap stocks roared to life as biotechnology stocks rebound after Trump’s meeting with industry leaders. Volume jumped as end of the month rebalancing volume poured end as managers were try to rebalance their portfolios. Things did not look promising heading into...

Stocks Post Worst Performance since Election

Volume jumped across the board giving a day of distribution to all indexes as we just witnessed the worst performance the stock market has had since Trump’s election. A bright spot was certainly the major indexes holding onto key moving averages and the NASDAQ held...
Big Wave Trading Weekend Update

Big Wave Trading Weekend Update

A quiet session on Monday with a bullish intraday reversal, strong sessions on Tuesday and Wednesday on heavier volume, followed by quiet consolidations on lower volume on Thursday and Friday. When you are already fully invested, it doesn’t get much better than that....

Market Follows-Through on Tuesday’s Gains

Another solid day in the market as we saw traders pile into stocks following-through on yesterday’s gains. Today was a good sign and certainly support for higher prices. Certainly, a little rest would do us some good. For now, the action we have seen is quite...