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...
by Big Wave Trader | Feb 28, 2016 |
Overall Friday’s stock market session has to be considered as a poor but not terrible session, as leading market averages closed mixed. The RUT and COMPQ led the way ending higher on the session with the DJIA and SPX finishing lower. Volume was slightly higher...
by Big Wave Trader | Feb 24, 2016
Just shortly after another inventory build crude oil reversed higher erasing losses. The move helped push stocks higher led by the Russell 2000. Volume was higher across the board, but ended below average. Perhaps the most impressive part of this current rally is it...
by Big Wave Trader | Feb 24, 2016
Sellers won the day, but volume ended lower on the session. Volume on the S&P 500 and NASDAQ Composite indexes were lower according to Bloomberg. The heavy losses were a blemish and gives the impression buyers were either asleep at the wheel or just not willing to...
by Big Wave Trader | Feb 23, 2016
Crude oil and stocks are bound together tightly as the two continue to move in tandem. How long this will last is anyone’s guess, but for now the high correlation continues. The commodity jumped nearly 7% on the day as hope over production cuts lasting...
