by Big Wave Trader | Aug 6, 2019
Selling was unrelenting for much of the day on Monday as investors and traders alike fled for the hills. Fears continue over the Trade Dispute between China and the US continues. Regardless of your opinion the stock market does not take kind to this situation and...
by Big Wave Trader | Jul 31, 2019
The wait is over for many traders as the last day of July for 2019 has arrived and the FOCM will make its latest policy decision. Expectations are the Central Bank will cut interest rates by 25 basis points, but many believe should be more. All eyes will be on the...
by Big Wave Trader | Jul 25, 2019
A solid day for small cap stocks as IWM jumped 1.65% on the day with higher turnover. The same could not be said for the Dow as it closed nearly 80 points. Thanks to CAT and BA the two largest detractors from the day. BA issues are well known with the grounding of 737...
by Big Wave Trader | Jul 19, 2019
At the start of Thursday’s session, it certainly appeared as if the Dow was going to head towards a 3-day losing streak. The market reversed course and end higher across the board with the Dow edging out a 3-point gain. NY Fed comments over a rate cut certainly helped...
by Big Wave Trader | Jul 17, 2019
While we are not going to issue an all-out sell signal, Tuesday’s distribution day should highlight the need to have an exit strategy in place. While the Russell 2000 as measured by IWM inched out gains the broader market did not and ultimately ended the day in...