by Big Wave Trader | Oct 11, 2015 |
It’s has been an impressive past 8-9 sessions for the overall stock market as stocks continued their non-stop ascent to the September highs with the DJIA convincing leading the way. The rally has been steady with a few quality names building out consolidation...
by Big Wave Trader | Oct 9, 2015
Biotech continues its woes as small caps lead the way once again. Utilities and Transportation stocks enjoyed stellar days too. VIX dropped further as investors expect future volatility to drop. Although today’s reversal was strong and it was a day where the Fed...
by Big Wave Trader | Oct 6, 2015
The Dow climbed higher due to DD as the company is going to split in two. Biotech once again was hit hard as sellers continue to pound the group. At one point today at the lows the NASDAQ was down more than 1% on the session. By the close, the NASDAQ was able to climb...
by Big Wave Trader | Oct 5, 2015
After a dismal jobs report Friday the market was able to confirm a new uptrend and we continued the gains today. Volume did not jump like it did on Friday, but was decent for a Monday. Biotech stocks continued to get hammered as fears over drug prices and the upcoming...
by Big Wave Trader | Oct 4, 2015
Friday’s session was an official Follow-Through Day for the overall market. Major market averages reversed some pretty significant early morning losses, off the backs of a weak jobs report, rallying the rest of the day and into the close to finish at the HOD. This...
by Big Wave Trader | Oct 2, 2015
The late day rally in stocks erased sizeable intraday losses. Even after the past 3 days of trading the market still has yet to eclipse the highs set on Monday of this week. A positive here is we have held Monday’s low for now. On the downside Europe continues...
