by Big Wave Trader | May 26, 2016
A solid day of gains as we see immediate follow-through from Tuesday’s action. This is bullish action where a solid day sees immediate follow-through and should lead us to new all-time highs. Volume was mixed with NYSE exchange volume came in higher while NASDAQ...
by Big Wave Trader | May 24, 2016 |
The stock market put in an impressive day as volume expanded across the board. The NASDAQ and Russell 2000 led the market higher as risk is back on. Volume expanded across the board day over day in a good sign traders and investors alike were happy to add stocks to...
by Big Wave Trader | May 23, 2016
Not whole lot to get excited about over today’s action. The good news is we stayed in a relatively tight trading range for the day. Volume was lower across the board as we continue to have a hangover from the weekend. We continue to see the average true range for this...
by Big Wave Trader | May 22, 2016
It wasn’t a great session on Friday but considering how the week was playing out it definitely was welcomed by the bulls. Stocks rallied early on in what was shaping up to be a very impressive Friday rally. However, selling took over around noon and stocks trended...
by Big Wave Trader | May 20, 2016
One day removed from the panic post Fed stocks could not find enough buyers to hang in positive territory. There were enough to elevate the stock market off their lows of the session. The lack of bulls and oversold conditions a bounce is certainly not out of the...
by Big Wave Trader | May 19, 2016
The Federal Reserve minutes show a more hawkish Fed than many saw at the committee’s last meeting. Earlier in the day the NYSE was having issues and therefore not publishing volume data. A few stocks were put on ice, but for the most part it was more a thorn on...
