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...
by Big Wave Trader | Feb 21, 2016
Hello everyone. The overall stock market is under an official rally attempt following the Follow-Through Day session on February 17th. However, it must be noted that since 2008, 3 out of 4 FTD signals have been false in producing any significant gains in the...
by Big Wave Trader | Feb 17, 2016
Positive economic data helped the market push higher, but the headline of a production freeze helped push Crude Oil above the $30 mark. Volume was higher on the exchanges as today was a follow through day for the markets. While a day 3 follow-through days are rare...
