by Big Wave Trader | May 28, 2015
Today was quite an uneventful day with stocks trading in a relatively tight trading range as volume slumped day over day. Pending home sales did not disappoint with Month-over-Month and Year-over-Year growth was certainly a pleasant surprise to the upside. Earlier...
by Big Wave Trader | Aug 5, 2014 |
After last week’s selling a bounce was certainly not unexpected. Volume could not match Friday’s levels, but Friday was the first of the month where volume is typically elevated. Price action was solid for much of the day after the morning dip as European stocks...
by Big Wave Trader | Sep 18, 2012
Turnaround Tuesday didn’t quite work out, but for the second straight day the market puts in an excellent day of consolidation. The past two days have certainly done enough to work off overbought conditions in the near-term. Volume inched higher on the NYSE and...
by Big Wave Trader | Mar 20, 2012
The market avoided a day of distribution despite early morning losses. A negative housing report soured the morning mood as sellers dominated the morning trade. Buying kicked in just afternoon time as upside volume begin to emerge. The end of day action wasn’t ideal...
