by Big Wave Trader | Aug 7, 2016
Friday’s session left no doubt about that this market wants to go in the short and intermediate term. Stocks rallied with gusto on Friday with volume coming in higher on both major exchanges according to my data providers. The DJT led the session higher followed...
by Big Wave Trader | Jul 31, 2016
Following the first 30 minutes of trading on Friday, it appeared that the market was finally ready to start a meaningful pullback. Oh how quickly things change in a strong uptrend. Stocks found their lows around 10 AM and rallied to their intraday highs around noon....
by Big Wave Trader | Jul 24, 2016
It was another impressive session on Friday and overall it was another impress week as stocks closed higher Friday on lower volume across the board. Lower volume or not the ability for the market to continue to climb despite the extremely overbought short-term and...
by Big Wave Trader | Jul 17, 2016
This past week of moves into new highs was one of the oddest moves to new highs I have ever personally seen. Just when I think I have possibly seen it all, the market serves up something completely different and unexpected. However, the only thing that never changes...
by Big Wave Trader | Jul 10, 2016
Stocks staged a powerful rally with extremely solid breadth on Friday with volume slightly higher on the Nasdaq and basically flat on the NYSE. The move on Friday sent the SPX and DJIA to new 2016 highs and placed them within reach of new all-time highs. The Nasdaq...
by Big Wave Trader | Jul 4, 2016 |
The fireworks started early on Maui as a huge fire well swept through Ma’alea forcing emergency personnel to completely knock out all communication networks island wide. Thankfully, today, Verizon’s 4G network is back up and we can get on with the weekend...
