by Big Wave Trader | Jan 20, 2016
Another wild day on Wall Street as stocks reached new yearly lows with the Dow Industrials down more than 200 points. The bright side today was the ability for small caps to rebound from deep early losses. Volume rose across the board by more than 20% and with the...
by Big Wave Trader | Jan 19, 2016
Coming off a long weekend futures were set to push higher after positive economic news out of China overnight. It was clear for the onset sellers would regain the upper hand as stocks immediately began to sell off as soon as the market opened. After a quick rally for...
by Big Wave Trader | Jan 19, 2016
Thursday’s attempted bounce did not last long as stocks sold off hard across the board on Friday on heavier volume adding yet another distribution day to the overall market. However, despite the sell off, there were some bright spots overall. The Russell 2000...
by Big Wave Trader | Jan 15, 2016
Whether we have seen a long-term low remains to be seen, but today’s reversal signals at the very least a short-term low. The market gapped up on JPM earnings, but at the open sellers were able to regain control and send the market lower. It looked like we were...
by Big Wave Trader | Jan 13, 2016
Let’s cut to the chase this market is certainly trading like there is something greater afoot. What that is we have no idea, but the fact of the matter remains we continue to see high volume selloffs and a lack of any buying interest. Today’s action continues to...
by Big Wave Trader | Jan 12, 2016
Another roller coaster ride for the market’s today as Crude Oil dipped below $30 during the session. NYSE volume ran hot day over day, but fell on the NASDAQ. The NASDAQ 100 index led all market indexes and recorded back to back days of gains. The good news for the...
