by Big Wave Trader | Aug 16, 2011
Dip buyers helped the market from closing on the lows as institutions stepped up pushing the market higher. Coming off of Monday’s rally on light volume the market wasn’t able to find buyers to push the market higher. Mixed economic reports did see Industrial...
by Big Wave Trader | Aug 15, 2011
Continuing on the v-shaped rebound from last week’s panic sell the market was able to close on the highs of the day, but as volume slipped across the board. Institutions were noticeably absent from today’s move as volume fell nearly 20% on the NYSE and about 16% on...
by Big Wave Trader | Aug 15, 2011
Six Gold And Silver Gems Shining Bright Despite Volatile Market
by Big Wave Trader | Aug 12, 2011
Volume dropped significantly as institutional players stepped aside with the market closing up for the second straight day. The market experienced a bit of selling just after the release of the University of Michigan Confidence survey. A negative report as the survey...
by Big Wave Trader | Aug 10, 2011
Here we go again, stocks fall to near session lows by the close as sellers dominate end of day trading. Early morning trading saw stocks fall as the market witnessed zero follow-through from Tuesday’s rebound. The lack of follow-through or even support for stocks is a...
by Big Wave Trader | Aug 9, 2011
The Federal Reserve saved the day with its policy statement at 2:15pm Eastern Standard Time today. Although the initial reaction the statement was VERY negative stocks were so oversold a rally ensued pushing the market to close near the highs of the session. Early in...
