by Big Wave Trader | Apr 22, 2015
There was a tale of two tapes with the Dow Jones Industrial average moving lower on earnings while the NASDAQ exerts leadership. Early gains were hung onto by the NASDAQ, but the S&P 500 and Dow were unable to hang onto the gains set forth by early morning...
by Big Wave Trader | Sep 26, 2014
Yesterday’s gains were quickly erased today by heavy volume selling. There was not much to cheer about except GPRO continuing to add to its gains. Sellers were in complete control of the market for much of the day. Buyers were simply absent and were not around to...
by Big Wave Trader | Sep 24, 2014
The rebound in the stock market today was a welcomed sign for bulls who witnessed their gains wilt in the face of the recent selling. We can nitpick with volume coming in lower, but all-in-all the price gains were pretty good. One thing we pointed out last night was...
by Big Wave Trader | Sep 23, 2014
The market entered a historically weak period with sellers winning the day. Leadership thinned even further today. Leading the market lower was once again small cap stocks followed closely by the NASDAQ Composite index. The Dow Jones Industrial Average continues to...