by Big Wave Trader | Jun 2, 2015
Another day of early morning selling giving way to mid-morning buying only to see gains fade into the close. This market continues to grind itself sideways and continues to really punch through in either direction. Volume was lower on the NASDAQ, but higher on the...
by Big Wave Trader | Jun 1, 2015
A volatile day on Wall Street as early morning selling gave way to late morning buying. Sellers would not be outdone as they took control in the final hour of trading. Volume ended the day lower, but not surprising as today was a Monday and Friday was month end. We...
by Big Wave Trader | May 31, 2015
Heading into the new trading month of June our models remain under a very mixed combination of operational signals. The trading action the past week continues to indicate that the choppy erratic price action is going to stick around a bit longer. Our overall bias...
by Big Wave Trader | May 28, 2015
Today was quite an uneventful day with stocks trading in a relatively tight trading range as volume slumped day over day. Pending home sales did not disappoint with Month-over-Month and Year-over-Year growth was certainly a pleasant surprise to the upside. Earlier...
by Big Wave Trader | May 27, 2015
After yesterday’s heavy volume sell-off stocks make a charge higher following the lead of the NASDAQ. Preliminary volume indicates NYSE volume on the light side while higher on the NASDAQ exchange. Volume is getting a boost from AVGO and BRCM as talks regarding a...
by Big Wave Trader | May 26, 2015
This is not the way you want to return from a long weekend. After many enjoyed BBQs and remember those who have served those who came into the day long were hit hard by sellers. A plethora of mixed economic data hit the market, but nothing stands out where the media...
