by Big Wave Trader | Feb 9, 2010
Late day selling put a damper on the day’s action as volume jumps. Institutions appeared they were avoiding from jumping into the market as volume ran lower on the NASDAQ for much of the first hour and a half. Volume ran flat on NYSE, but comparing to Monday’s...
by Big Wave Trader | Feb 8, 2010
Traders suffer from Superbowl hangover as stocks slide in the final hour of trading. Volume sank by more than 25% across the board as institutional traders weren’t in the mood to move stock. Debt fears and Iran’s defiance may have played a part in the late day sell...
by Big Wave Trader | Feb 7, 2010
[21:51:23] paulcarrz: tomorrow should be tomorrow LOL – see which way the tide is going in the mkt [21:51:24] JoshuaHayes: no i bet it is too [21:51:32] JoshuaHayes: right great setup for tomorrow [21:51:34] JoshuaHayes: we are flat [21:51:36] JoshuaHayes: up or...
by Big Wave Trader | Feb 4, 2010
Sellers stormed the market as jobless claims rose and sovereign debt fears ravaged the market. In addition, New York Attorney General Cuomo announced charges against a large bank sent fears throughout the financial sector. Volume soared and the “fear index” VIX...
by Big Wave Trader | Feb 3, 2010
Day three of the current attempt at a rally was a quiet day for stocks. Volume pulled back nicely as well as stocks. The market appeared to get support near the lows of the day and finished above the mid-point of the day, a bullish sign. During attempted rallies...
by Big Wave Trader | Feb 2, 2010
Stocks rose for the second straight day as volume rose above average. As the major market averages live below their 50dma the coming few days will be a very big tell on the direction of this market. Today was a move in the right direction for the bulls in this...
