by Big Wave Trader | Mar 27, 2015
Fears over the dollar, plane crash, and potential war in Yemen had many traders scared this morning. Heavy selling began the day and it appeared as if we were heading down the same path as yesterday’s market. As the early afternoon progressed it appeared we were...
by Big Wave Trader | Aug 7, 2014
What appeared to be a solid rally off the lows lost steam after noon eastern standard time. At the open it certainly looked like we were going to continue Tuesday’s sell off. Sellers were simply exhausted in the near term as buyers took over pushing stocks to the...
by Big Wave Trader | Jan 13, 2014
The start of 2014 has been quite the opposite of 2013 whereby sellers are in control of the overall market. Just after noon eastern sellers jumped aboard and pushed the entire market lower. Volume ran higher than Friday’s pace as institutions jumped in and sold down...
by Big Wave Trader | Aug 7, 2013
Continuing with the summer trade the market closed lower lead by the Russell 2000. The NASDAQ posted back to back losses while the S&P 500 losing streak extended to 3 days. We did see a nice rally off the lows, but as soon as the rally began volume was sucked out...
by Big Wave Trader | May 10, 2013
A better than expected jobless claims figure failed to inspire buyers to hold stocks in positive territory at the start of the game. A weak wholesale inventory report sent sellers rushing into the market only to be saved once again by the Fed’s Permanent Open Market...