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 | Aug 31, 2017
Technology stocks led Wednesday’s market action as the NASDAQ Composite finished higher by more than 1%. The Dow lagged significantly behind both the S&P 500 and the NASDAQ Composite during Wednesday’s trading. Volume was mixed with the NASDAQ seen higher and...
by Big Wave Trader | Aug 23, 2017
Living below the 50-day moving average did not last long for either the NASDAQ Composite or S&P 500 as buyers hopped back into the market. Volume was higher, but only be 1.7% on the NASDAQ and 1.33% on the NYSE. Solid price action, but we did not see a flood of...
