by Big Wave Trader | Feb 25, 2020
We finally have a correction on our hands after a long run up from October 2019. Tourism has taken a tremendous hit as governments and commercial airlines have halted flights restricting travel. We can’t blame them but the stock market is adjusting, but will this lead...
by Big Wave Trader | Feb 18, 2020
After a long weekend stocks are set to open lower. WMT disappointed with earnings out of the gate Tuesday including its outlook. Not the kind of news you want to see to begin the day. QQQs and SPYs remain above their 10-day moving average. Something to keep an eye on...
by Big Wave Trader | Feb 13, 2020
The Coronavirus saga continues as new cases are confirmed along with new deaths. After yesterday’s rebound from Tuesday’s stall day Thursday will not get off to a good start. If we begin to see churning in this market it will be a sign this rally has lost its might...
by Big Wave Trader | Feb 11, 2020
Once again, we see investors and traders a like flocking to the NASDAQ 100. Gaining more than 1.2% the NASDAQ 100 continues to be the leading index amongst the major indexes. Far behind the leader the S&P 500 and Russell 2000 simply could not find the strength to...
by Big Wave Trader | Feb 6, 2020
The panic over the Coronavirus has subsided as stocks have recovered their losses. Small Caps are still struggling to keep pace with the large cap stock indexes. Whatever the reason maybe we still see the group as a whole lag the entire market. We have no idea if or...
by Big Wave Trader | Jan 31, 2020
Earnings season continues to roll on. We are seeing continued overall positive news, while not tremendous growth we are not seeing earnings falling off a cliff. The soup de jour happens to be the health scare going on in China. While the flu virus here in the US has...
