by Big Wave Trader | Mar 27, 2016
Aloha from a very humid island of Maui. I hope everyone had a wonderful Easter weekend. Stocks finally had their first down week since the rally attempt started off the February lows. While volume remains very lackluster with absolutely zero accumulation in the...
by Big Wave Trader | Mar 25, 2016
Despite economic release futures pushed lower prior to the market open. Buyers jumped at the chance and pushed the market back to breakeven. The Dow was down more than 100 points just after the open, but was able to find some support at the day’s lows. Despite the...
by Big Wave Trader | Mar 24, 2016
The day after corporate buybacks stop stocks fall as volume came in higher than Tuesday’s session. For much of today sellers ruled the day. Much of the news cycle continues to focus on Brussels and the lasting effects it will have on Western Europe. Selling certainly...
by Big Wave Trader | Mar 23, 2016
Despite the terror attacks in Brussels stocks are able to withstand the initial onslaught of selling. Volume on the NYSE crept higher while NASDAQ volume slid nearly 5% on the session. There are still plenty of setups and it would do this market some good to...
by Big Wave Trader | Mar 22, 2016
After last week’s market today’s session was relatively quiet. Volume was well below average, but this story continues. The current trend is still prevailing and no matter how over bought this may seem we are not going to bail until our exit signals are hit. We are...
by Big Wave Trader | Mar 20, 2016
Stocks staged another impressive rally on Friday with major market averages rallying across the board led by the Russell 2000 and the DJ Transportation Average. Volume was significantly higher thanks to options expiration but no matter what the reason for the higher...
