by Big Wave Trader | Jul 10, 2019
A light volume affair on Tuesday as traders await Powell’s testimony. While we have yet to hear news of a deal between China and the US the focus has been on a rate cut. Will the Fed cut rates at their next meeting or not. A trade deal with China would all but put to...
by Big Wave Trader | Jul 8, 2019 |
An unexpected jump in June Non-Farm Payrolls while positive reduces the possibility of the Fed cutting interest rates at their next meeting. Friday’s market saw SPY and QQQ end the day on the negative side of things while IWM closed strong in the green. Early Monday...
by Big Wave Trader | Jun 28, 2019
Today we will see the Russell family of indexes reconstitute. The Russell Rebalance event is a yearly even where all the Russell family of indexes rebalancing. We will see a massive amount of volume flood the markets at the end of the day as institutions adjust their...
by Big Wave Trader | Jun 26, 2019
Once again, we are at a familiar spot with this market. Worries over trade and the Fed have piled up. The real issue is whether a trade deal with China will get done. During Tuesday’s trading session we heard the Fed was not to be used as a short-term political policy...
by Big Wave Trader | Jun 4, 2019
New Anti-trust investigations into the countries largest tech companies have rattled the NASDAQ 100 and Composite indexes. Both are dominated by the largest technology companies in the US and it is no wonder both were hurt when AMZN, GOOGL, and AAPL fell during...
