by Big Wave Trader | Mar 31, 2016
The day after Yellen’s speech and a great day for stocks we saw some follow-through on the upside. Volume was certainly lighter, but given yesterday’s move it comes as no surprise. ADP employment change was slightly better than expected. We continue to see gains from...
by Big Wave Trader | Mar 30, 2016
Out of the gate stocks seem to hold within a tight range. Nearing the 10 o’clock hour buyers began to get the upper hand and push the market higher. Led by the NASDAQ the market continued to experience buying pressure ahead of the Yellen speech in New York. Stocks...
by Big Wave Trader | Mar 29, 2016
Not one of the most exciting days on the street as volume was light and the market’s ended mixed. For bulls this is a welcome sign. A lower close across the board would have been ideal, but beggars cannot be choosers. A few more days of this type of action would do...
by Big Wave Trader | Mar 27, 2016
Aloha from a very humid island of Maui. I hope everyone had a wonderful Easter weekend. Stocks finally had their first down week since the rally attempt started off the February lows. While volume remains very lackluster with absolutely zero accumulation in the...
by Big Wave Trader | Mar 25, 2016
Despite economic release futures pushed lower prior to the market open. Buyers jumped at the chance and pushed the market back to breakeven. The Dow was down more than 100 points just after the open, but was able to find some support at the day’s lows. Despite the...
by Big Wave Trader | Mar 24, 2016
The day after corporate buybacks stop stocks fall as volume came in higher than Tuesday’s session. For much of today sellers ruled the day. Much of the news cycle continues to focus on Brussels and the lasting effects it will have on Western Europe. Selling certainly...
