by Big Wave Trader | Mar 17, 2017
At the start, it appeared as if we were going to follow-through on the post Fed gains. We simply did not have the fire power to continue to push higher. Volume was lower on the session, but given the turnover on Wednesday it would have been difficult to eclipse. Today...
by Big Wave Trader | Mar 16, 2017
As expected the Federal Reserve hiked rates another 25 basis points at their latest open market committee. Bonds rallied sending yields lower. It is not often you see Bonds and Stocks move in tandem. Volume was higher across the board as traders rushed into the...
by Big Wave Trader | Mar 14, 2017
Ahead of tomorrow’s FOMC meeting stocks were mostly quiet. Most, if not every trader believes the FOMC will raise their benchmark rate by another 25 basis points. The market seems quite content with the move as evidence by the lack of volatility and extreme fear. At...
by Big Wave Trader | Mar 14, 2017
We began the week with a light volume affair with most stocks holding up well. Complacency continues to hit all-time lows as many traders continue to see very little volatility ahead. Crude oil was lower again hanging around the lower half of its 48 handle. It is good...
by Joshua Hayes | Mar 12, 2017
Stock indexes staged another bullish intraday reversal on Friday with the Nasdaq and Russell 2000 leading the move to the upside. Unfortunately for the bulls, the market’s inability to rally at the start of the day following the bullish post-jobs gap up was more...
by Big Wave Trader | Mar 9, 2017
Led by a large decline in energy names the market had a tough session as only the NASDAQ could come away positive on the day. Small cap stocks continue to be a trouble spot for the entire market as investors continue to flee. Not a good day by any stretch of the...
