by Big Wave Trader | Jun 11, 2019
From the onset it appeared as if we were going to see another strong day for the markets. Unfortunately, as the afternoon wore on sellers had the upper hand. SPY closed higher by .46%, but well off its high of the session. IWM suffered the same fate while QQQ was able...
by Big Wave Trader | Jun 7, 2019
Thursday’s session saw Industrials lead the way while volume dropped on both exchanges. We have seen volume drop in consecutive days indicating this may just be a dead cat bounce. This does not mean after the jobs report prior to Friday’s session we cannot see a...
by Big Wave Trader | Jun 5, 2019
A solid day for the equity markets as stocks rebounded after Monday’s hefty losses. Volume was lower across the board as the NASDAQ 100 led the way followed closely by the Russell 2000. Day 1 of an attempted rally for this stock market. Would have loved to see volume...
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...
by Big Wave Trader | Jun 3, 2019
Early morning futures are indicating stocks will open in the red to begin the final month of the second quarter. We have had quite the little correction since peaking back in early May. SPY is sitting just on top of its 200-day moving average along with the QQQ. IWM...
