by Big Wave Trader | Jan 6, 2014
For the third straight session stocks closed in the red and for the second day in three notch a day of distribution. Today’s distribution makes for 7 and should raise at least a yellow flag for the overall market in general. Aside from the distribution there were...
by Big Wave Trader | Jan 3, 2014
The market started with the New Year with selling for the first time since 2008. Last year we saw the market gap up more than 2% at the start of the day, but we weren’t able to repeat the same vigor. Volume jumped on the session as it normally does on the first day...
by Big Wave Trader | Jan 1, 2014
What a year for the market and today’s session added a cherry on top. Given how last year began with a deal on the fiscal cliff today’s session was relatively quiet in comparison. Consumer confidence was up more than expected gave the bulls...
by Big Wave Trader | Dec 31, 2013
The market continues to consolidate its recent gains as volume ticked higher than Friday’s session. Losses on the S&P 500 and NASDAQ weren’t big enough to trigger distribution, but both indexes have 6 days worth of distribution. TWTR continued to slide even as...
by Big Wave Trader | Dec 28, 2013
I hope everyone had a lovely time during the holiday filled week. I know I ate way too much but overall it was worth it as it was a great time with friends and loved ones. The stock market indexes also had a nice time this week with our indexes continuing to add to...
by Big Wave Trader | Dec 27, 2013
The day after Christmas has been, historically a good day for the stock market and today’s move was no exception. Stocks climbed steadily after the first few hours of trading. Lead by the Dow Jones Industrial the entire market got a nice boost. Volume was higher on...
