by Big Wave Trader | Oct 26, 2016
We cannot have anything nice. Yesterday’s price gains were a good step forward, but after today we revert back to limbo. Small cap stocks were hit the most today and continues to be a lagging index. Unlike, the NASDAQ 100 who has for the most part held up relatively...
by Big Wave Trader | Oct 25, 2016
A solid day for the NASDAQ as traders push the index back towards all-time highs. Certainly a nice way to start the week with solid price gains. The market took a step further to proving itself once again as we have been teetering on the edge of a new downtrend. We...
by Big Wave Trader | Oct 23, 2016
Well it isn’t over until it is officially over but we have officially exited the historically seasonally worst period for returns in the stock market. Starting on Monday seasonality is back in the favor of the bulls and now all the market has to do is confirm...
by Big Wave Trader | Oct 21, 2016
Once again we have another day where the market does not make much progress. Volume was mixed with NYSE volume falling while NASDAQ volume jumped day-over-day. Mid-day sellers pushed stocks to their lows just after 10 am EDT. It appeared we were going to let go and...
by Big Wave Trader | Oct 20, 2016 |
A semi-weak open gave way to a strong early morning rally and it looked like this rally was going to carry us through throughout the day. But like usual the market found its highs around 2pm and spent the rest of the day going nowhere and then selling off into the...
by Big Wave Trader | Oct 19, 2016
Earnings from NFLX helped boost the NASDAQ higher, but sellers were able to wrestle control over the market just after mid-day. Volume spent most of the day higher across the board, but hardly anything to get excited over. The next big hurdles for this market come...
