by Big Wave Trader | Aug 27, 2019
As this market continues to struggle with US-Chinese trade worries and an inverted yield Monday’s market saw stocks rise. NASDAQ Composite led all market indexes followed by the Russell 2000. Volume was lower than Friday’s session. Renewed hopes of trade talks...
by Big Wave Trader | Aug 22, 2019
Summer is fast approaching its end and volume continues to be light. Whether it is summertime trading or institutions simply not willing to accumulate shares may be a sign this rally might not have much leg room. Gains across the board were solid. Consumer...
by Big Wave Trader | Aug 21, 2019
The S&P 500 led the market lower on Tuesday. Volume was lower across both the NYSE and NASDAQ exchanges. A positive sign for the market as we did not record a distribution day. At the level of decline witnessed on Tuesday had volume been higher Tuesday would have...
by Big Wave Trader | Aug 19, 2019
A wild week on Wall Street closed out with gains. Certainly, a good way to close the week despite not having volume higher. It was nice to see after the Distribution Day on Wednesday the broader market did not crater. While Thursday did see some further selling, we...
by Big Wave Trader | Aug 8, 2019
After some relentless selling the stock market has been able to stabilize over the past two trading sessions. Wednesday morning traders were greeted with falling bond yields sending stocks much lower. Sellers appeared to take over and we were in for another day of...
