by Big Wave Trader | Jan 12, 2017
All things were moving nicely for the overall market heading into Trump’s speech this morning. However, his comments regarding drug prices sent the entire biotech industry lower. Drug prices have been ripe to get after by politicians and rightfully so. It is Trump’s...
by Big Wave Trader | Jan 11, 2017
We can only write the Dow misses the 20,000 mark again so many times. What the market is waiting for is anyone’s guess. Aside from the NASDAQ the S&P 500, Dow, and Russell 2000 remain in consolidation mode. Volume was mixed today as NYSE volume surged higher while...
by Big Wave Trader | Jan 9, 2017
Today was a lackluster start to the week with small cap stocks lagging the broader market while the NASDAQ 100 pushed higher carrying the rest of the NASDAQ with it. Volume was higher across the board as the S&P 500 and Dow notch a day of distribution. Crude oil...
by Joshua Hayes | Jan 8, 2017
Stocks staged a nice little rally on Friday and while volume was lower than the session before it did not matter to the SP-500, NYSE, Nasdaq, or Nasdaq 100 as all of those indexes hit new all-time highs this week. The only concern behind yesterday’s rally, besides the...
by Big Wave Trader | Jan 6, 2017
While a few await tomorrow’s, job report we saw a mixed market with both price and volume ending mixed. Led by the FANG stocks the NASDAQ pushed higher while the Dow continues to chase 20,000. Last week we saw the Dow close below 20,000 for the 121st time in the Dow’s...
by Big Wave Trader | Jan 5, 2017
Another solid day of gains as stocks build upon the years first day of trading. Volume was up on both exchanges in a good sign institutions are putting money to work. The Federal Reserve meeting minutes were quite hawkish, but given their statement after their last...
