by Big Wave Trader | Jan 27, 2010
The correction didn’t end today, but buyers stepped up with volume behind them. Stocks set a new low for the current correction after New Home sales unexpectedly slowed in December. Selling pressure slowed as traders began positioning themselves for the FOMC rate...
by Big Wave Trader | Jan 26, 2010
Sellers took over in the last hour sending the major indexes near the lows at the close. When you have a market in correction late day sell-offs are not unusual, but expected. Volume was higher on the day indicating institutions were willing to dump stock at lower...
by Big Wave Trader | Jan 25, 2010
Stocks relieve oversold conditions by ending the day higher on lower volume. Financials gave the S&P 500 a boost, but volume lagged. The lack of volume is something we’ve seen with this market after it has suffered bouts of intense selling. Like the S&P 500...
by Big Wave Trader | Jan 24, 2010
[18:38:15] mstahr has entered the room “BWT Lobby” [18:38:29] mstahr: anybody in? [19:04:07] JoshuaHayes: hello [19:04:14] JoshuaHayes: just got back from surfing Honolua Bay and now watching football [19:04:16] JoshuaHayes: and making the video [19:06:01]...
by Big Wave Trader | Jan 21, 2010
Sellers weren’t complacent today selling stocks on massive volume. The NASDAQ had heavy volume from the get-go, but buyers stepped up in the morning. It wasn’t long before things turned sour and sellers took over pushing stocks lower. Back to back...
by Big Wave Trader | Jan 20, 2010 |
First things first, back by popular demand is our Holiday Special pricing for the Platinum and Gold memberships. Check it out here. Sellers took over the market as the dollar rose, but once again support came to the rescue. However, the damage can be seen throughout...