by Big Wave Trader | Dec 20, 2016
There is no quit in this market as we see the market start the week with gains. Friday’s volume was huge due to options expiry as today’s volume was well off Friday’s level. All the major market averages continue to hold their 10 day moving averages. On the flip side,...
by Joshua Hayes | Dec 18, 2016
Happy holidays everyone! What else is there for me to say that has not been said 1000x already. This is a strong tape, almost all of my long positions are doing very well, I continue to receive an absolutely insane amount of actionable long signals, and this market is...
by Big Wave Trader | Dec 16, 2016
Volume ends mixed on the session, but stocks finish strong after the Fed raised rates yesterday for the first time in a year. We did close on the weak side of things, but the market was still able to hang on to most of its gains. There were certainly some bright spots...
by Big Wave Trader | Dec 15, 2016
The Federal Reserve finally hikes rate since December of last year, but surprises market by indicating the reserve bank sees 3 rate hikes instead of 2. It was a quite volatile afternoon with stocks closing lower near session lows. Volume was mixed on the session. NYSE...
by Big Wave Trader | Dec 14, 2016
Stocks run higher as traders await the Fed’s decision on interest rates. A solid move today by stocks led by the NASDAQ as traders rush into technology stocks. Small cap stocks did not fare as well today, but they have been on a massive tear since the US elections in...
by Big Wave Trader | Dec 13, 2016
Small cap and NASDAQ stocks finally hit the skids with the Russell 2000 down more than a percentage point on the day. The NASDAQ closed down nearly .6% as Telecom and Utilities led the market higher. While crude hit its highest level in over a year the energy sector...
