by Big Wave Trader | Jul 9, 2015
An eventful day as we had the NYSE halted for 3.5 hours and the Federal Reserve meeting minutes. At least for a while Greece and Chinese stocks took a back seat. Volume was considerably lower on the NYSE, but the reason is pretty obvious. NASDAQ volume was light on...
by Big Wave Trader | Jul 8, 2015
Early morning selling was quickly erased when news wires caught a headline Greece was coming back to the table with its creditors. Whether or not a deal comes to fruition is anyone’s guess. However, we cannot argue with a big price reversal with volume behind it....
by Big Wave Trader | Jul 7, 2015
Greece has certainly let its voice be heard Vis a vie its referendum vote on Sunday evening. Futures took a large hit Sunday night and recovered a bit throughout the morning. Buying picked up just after the morning bell struck. Closing the gap created by the Greece...
by Big Wave Trader | Jul 5, 2015
The Big Wave Trading models are under an across the board operational NEUTRAL/SELL condition following the sell off on 6/29 on very strong volume. The NYSE and DJT are under an operational SELL signal while every other major market average is under an operational...
by Big Wave Trader | Jul 2, 2015 |
The market is appears to be waiting on the Greek referendum on Sunday. Volume fell on the session as it appears many were ready to start the holiday weekend early. We cannot blame them one bit. Today’s action was neither favorable to the bulls or bears. Whether or not...
by Big Wave Trader | Jul 2, 2015
The first day of the third quarter started with solid gains. Greece remains a focal point for CNBC and other media outlets. Is there or isn’t there an agreement in place? The market has essentially recaptured the losses from Monday’s session and we are back where we...
