by Big Wave Trader | Sep 15, 2015
A disappointing day for economic data as Retail Sales and Empire Manufacturing missed their targets. Empire Manufacturing fell well below expectations indicating a slowing at least in the manufacturing sector. Buyers would quickly step in despite a sluggish start and...
by Big Wave Trader | Sep 15, 2015
A typical trading session for a Monday as volume came well under Friday’s level. It is an option expiry week as well as a FOMC meeting week. Thursday is the big day where we will find out if the Fed will raise interest rates for the first time since the financial...
by Big Wave Trader | Sep 12, 2015
Friday’s session was definitely lackluster with not much excitement. That being said, the gains on the session were pretty solid and a very bullish close bodes well for more potential short-term price appreciation. However, before bulls get too excited, remember that...
by Big Wave Trader | Sep 11, 2015
A slow start to the session today as yesterday’s session left many gun shy. Two intraday buying sprees helped push the market to their highs of the session. Unfortunately, the market was unable to hang onto these gains. While we were able to close positive it was not...
by Big Wave Trader | Sep 10, 2015
Today’s stock market session was not what the bulls wanted to see. The delusional bull will see right past today’s heavy volume reversal, but the prudent investor knows better. While we are neither bulls nor bears today’s session certainly puts the odds heavily in...
by Big Wave Trader | Sep 8, 2015
Welcome back from a long weekend. Stocks cheered the return of the market after having Monday off. The NASDAQ was certainly excited to be back as the index soared more than 2.7% as volume jumped double digits. Volume was below its 50 day volume average. The Dow was up...
