by Big Wave Trader | Oct 30, 2019
A solid day of gains for small cap stocks as measured by IWM, but QQQ stumbles after GOOGL falls post earnings. Volume was mixed on the session with NASDAQ volume ending lower while NYSE inched higher. The NASDAQ escaped a day of distribution. DIA closed flat with a...
by Big Wave Trader | Sep 15, 2015
A disappointing day for economic data as Retail Sales and Empire Manufacturing missed their targets. Empire Manufacturing fell well below expectations indicating a slowing at least in the manufacturing sector. Buyers would quickly step in despite a sluggish start and...
by Big Wave Trader | Sep 15, 2015
A typical trading session for a Monday as volume came well under Friday’s level. It is an option expiry week as well as a FOMC meeting week. Thursday is the big day where we will find out if the Fed will raise interest rates for the first time since the financial...
by Big Wave Trader | Jun 16, 2015
Stocks build upon yesterday’s gains, but volume slides ahead of tomorrow’s FOMC meeting conclusion. We are not about to argue with today’s price gains. Building on yesterday’s move off the lows is certainly good news. However, we continue to see this market inability...
by Big Wave Trader | Jun 15, 2015 |
A fear over a Greek default continues to dominate headlines, but today’s action was not as bad as it could have been. Technically speaking today was a distribution day with volume rising on heavy price declines. However, given the move off the lows of the session it...
