by Big Wave Trader | Mar 9, 2016
The overbought market finally hit a wall on Tuesday with stocks selling off across the board. Now, before anyone gets too bearish, it must be noted that volume was lower than the sessions before. While this is not a technical distribution day for the overall stock...
by Big Wave Trader | Mar 7, 2016
How much more squeezing can the shorts take? I do not know (nor does anyone else that does not move the market with their orders) the answer to that rhetorical question. However, it should be noted that short squeezes can last longer than the bears can stay solvent....
by Big Wave Trader | Mar 6, 2016
Stocks closed out another impressive week with small gains overall on Friday with volume coming in above average overall. This time, however, stocks did not close at their highs and instead had quite a decent little reversal off of their intraday highs with Gold,...
by Big Wave Trader | Mar 4, 2016
For the third straight day the market closed higher with gains. Volume jumped on the day in a good sign for this current market rally. Tomorrow’s job report will be somewhat important as it will give a clue to the Federal Reserve’s next move. The strong move off the...
by Big Wave Trader | Mar 2, 2016
A big time rally kicked off trading for the month with volume on the exchanges higher across the board. So much for Monday’s weak action as a big time rally was what we saw today. Small cap stocks did lag the broader market, but the 3% move in the NASDAQ 100 speaks...
by Big Wave Trader | Mar 1, 2016
Not since November has the market closed out the month in positive territory. The light volume jaunt higher was finally met with heavy volume selling to close the month of February. Today was not the way you would want to start the week nor end the month. We remain in...
