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...
by Big Wave Trader | Feb 5, 2015
The market was looking solid until the ECB headline on Greek debt. Biotech stocks were hit hard to start the day with disappointing earnings set the tone for the NASDAQ early on. The Dow Jones Industrial average erased early losses due to a boost from DIS after the...
by Big Wave Trader | Feb 4, 2015
Traders get another day of gains as crude oil jumps more than 7% on the session and the market is led by energy names. A sign of strength was certainly the volume expanding day-over-day as institutions were active in accumulating shares. We still remain in a...