by Big Wave Trader | Jun 1, 2015
A volatile day on Wall Street as early morning selling gave way to late morning buying. Sellers would not be outdone as they took control in the final hour of trading. Volume ended the day lower, but not surprising as today was a Monday and Friday was month end. We...
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 | Sep 15, 2014
There was certainly a divide in the market today as NASDAQ and Russell 2000 fell hard while the Dow closed in positive territory. A big beat for the Empire Manufacturing number was a nice surprise, but it did very little to excite market participants coming off the...
by Big Wave Trader | Sep 3, 2014
Small Caps and the NASDAQ 100 led the market lower today after solid gains yesterday. The news regarding the Celebrity Nude scandal finally go to AAPL as traders were using the excuse as the stock sold off in heavy volume. Volume on the NYSE ran lower on the...
by Big Wave Trader | Aug 21, 2014
The story of the session was the volatility following the release of the FOMC meeting minutes. For much of the session leading up to the release the market was relatively quiet. Immediately following the release the market initially moved lower only to find buyers...