by Big Wave Trader | Nov 19, 2015
The guessing game continues as the latest Federal Reserve meeting minutes were released Wednesday at 2pm EST. This market continues to rebound after last week’s selling. It is intriguing the market was selling off all week long ahead of the attacks in Paris just a...
by Big Wave Trader | Nov 18, 2015
A sluggish start for stocks did not last too long as buyers began to pour into the market. Unfortunately for longs buyers did not stay around long enough to hold the intraday gains. Volume was up across the board with NYSE volume up more than 17%. NASDAQ volume was...
by Big Wave Trader | Nov 17, 2015
After the events in Paris this market could have easily headed lower on fears of more attacks. There were plenty of stocks sporting big volume bars today despite overall volume light compared against Friday’s level. The market at the open did hit daily extreme...
by Big Wave Trader | Nov 15, 2015
This past week was a rough week for most of us here at Big Wave Trading as an orderly pullback turned into some nasty distribution at an extremely rapid pace. However, in light of the tragedy that unfolded in France on Friday, everything is obviously relative. That...
by Big Wave Trader | Nov 12, 2015
Heavy volume hits the market hard with small caps taking the brunt of the selling. Energy and Materials led the S&P 500 lower as commodity prices continue to slide. Lends to the question if the economy were strong wouldn’t commodity prices be at least stable?...
by Big Wave Trader | Nov 12, 2015
For the most part today was a pretty decent day of consolidation for the overall market. Early morning gains were quickly erased before the market could really get its feet underneath itself. Selling was not unrelenting as volume was well under Tuesday’s level. Small...