by Big Wave Trader | Sep 5, 2016
It was all about the jobs report on Friday and the actual report was exactly what wall street was looking for as stocks started off the day with a gap and go move higher. The strong start to the day gave way to some selling but before the market could go red on the...
by Big Wave Trader | Sep 2, 2016
September starts off with stocks closing mixed. Just after the market open the market began to see sellers pound on the market sending stocks to their lows of the session. Just like we have seen this week buyers come to the rescue. The NASDAQ led the market higher...
by Big Wave Trader | Aug 31, 2016
We are another day closer to the most important Job report ever. Today’s session started off well only to see sellers take over and it looked like we were heading for a day distribution. Volume ran hot for the entire session. A late day rally saved the market from a...
by Big Wave Trader | Aug 29, 2016
Today was a solid start to the week with stocks closing higher after Friday’s session. Janet Yellen’s speech spurred buyers and it wasn’t until Fisher’s comments before the market took a nose dive. As the market hit the lows buyers began to mount a defense pushing the...
by Big Wave Trader | Aug 29, 2016
Friday was all about Janet Yellen and Jackson Hole. All week long it was all that traders talked about so it was good to finally see this day come and go. While we knew it would be a wild one I am 100% sure most traders thought it would be more dovish than what the...
by Big Wave Trader | Aug 26, 2016 |
Early morning futures were lower ahead of the 8:30 am EDT economic releases. Despite better than expected numbers from jobless claims and durable goods futures did not jump. July durable goods jumped 4.4% when economists expected a 3.4% increase. Jobless claims came...
