by Big Wave Trader | Nov 23, 2016
A short consolidation period for the Russell continues to be delayed as buyers continue to pile on push the win streak to 13 days. Today while the win streak is on the S&P 500, Dow, NASDAQ, Russell 2000, and Midcap 400 all closed at all-time highs. Volume was...
by Big Wave Trader | Nov 22, 2016
Energy was back in the headlines as crude oil jumped nearly 5% on the day. Small caps stocks continued their run as the Russell 2000 closed higher for the 11th session out of 12. Volume ended the day mixed as NASDAQ volume fell while NYSE volume just inched higher. We...
by Big Wave Trader | Nov 21, 2016
The strong post-election uptrend has helped produce some solid gains in a lot of my long positions. While it is disappointing that I do not have one single EOD trend following position account for 10% of my account capital, the consolation prize is that every stock I...
by Big Wave Trader | Nov 20, 2016
This market just has no quit in it. This should be good news for the intermediate and possibly longer term health of the market but on the short term it continues to just get more ridiculous. It does appear that a pullback is starting in the overall market but the...
by Big Wave Trader | Nov 18, 2016
It is no big secret the Federal Reserve is about to raise rates in December. Odds stand at 96% and the move in yields since Trump’s victory certainly signal the market is anticipating a rate hike. All the while the stock market has pushed higher. Russell 2000 has been...
