by Big Wave Trader | Feb 13, 2015
A solid session with volume expanding and healthy price movement. Most notably was the NASDAQ clearing its most recent resistance level. The S&P 500 remains locked within its recent consolidation and we will need to keep an eye on the index right here. It was...
by Big Wave Trader | Feb 11, 2015
A roller coaster day in the market ends with prices near unchanged for the day. As noon time rolled around it appeared as if sellers were going to push the market much lower. Only to see buyers gain the upper hand and set a new high just before the last half hour of...
by Big Wave Trader | Feb 11, 2015
AAPL sets a new all-time record as stocks move higher behind solid volume. After stumbling after the open buyers were able to push stock prices higher. Volume expanded on the session as buyers were willing to step up and support higher prices. A good sign to see...
by Big Wave Trader | Feb 9, 2015
Today’s light volume session kicked off the week with the broader market moving to the downside. The light volume on the NASDAQ and NYSE simply indicates there was not a full scale assault on stocks by institutional investors. On the positive side of things, the...
by Big Wave Trader | Feb 8, 2015
The Big Wave Trading models are all currently under a NEUTRAL operational condition. Despite the big gains last week, there was not enough breadth and volume strength in the overall market to warrant an early switch to a BUY operational condition. The first test so...
by Big Wave Trader | Feb 6, 2015
Today’s stock market session was a positive one as small caps leading the way. Volume did not meet expectations, but given the big moves over the past few sessions it is not a surprise. It was nice to see the market reverse yesterday’s losses after the ECB...