by Big Wave Trader | Apr 7, 2016
Today’s market suffered quite a bit of selling and with volume coming in higher on the NASDAQ. The progress made yesterday was completely erased and now puts this market under heavy pressure. NYSE volume was lower, but the S&P 500 lost an important pivot at 2043....
by Big Wave Trader | Apr 7, 2016
Once again this market set out to disprove market bears as buyers ruled the day. Steady buying throughout the day continued after the FOMC meeting minutes. Erasing losses from the first two days of the week it appears this market wants to continue to push higher....
by Big Wave Trader | Apr 6, 2016
Overseas markets were lower as European banks continued their slide and the weakness carried over to the US. Selling was not overwhelming as volume remained below average. Utilities were the weakest sector in the S&P 500 followed by financials. The 10 year ended...
by Big Wave Trader | Apr 5, 2016
Friday’s session was a super bullish session, but this market needed a rest. Volume was lower on the day as many traders were taking a break. It almost as if the market was still hungover after Friday’s party. Crude oil fell to a 35 handle as we approach the most...
by Big Wave Trader | Apr 3, 2016
Aloha from the beautiful island of Maui everyone. Another weekend has come and gone and it is back to the trading stations on Monday. The good news for those invested in stocks is that despite the insane v-shaped move off the lows many leading stocks in a wide variety...
by Big Wave Trader | Apr 1, 2016
A relatively quite day on the street today with Small Cap stocks leading the way with gains as the Dow and S&P take a breather. Crude oil continues to struggle regaining its $40 handle despite the dollar struggling especially against the Euro. Volume ended mixed...
