by Big Wave Trader | Aug 25, 2016
Finally, we got a little bit of excitement as the market found sellers. A last minute kick save pushed stocks off their lows, but the damage was done. Volume kicked into another gear as sellers finally arrived. Up until today the S&P 500 was in tight trading range...
by Big Wave Trader | Aug 24, 2016
Another tight trading session as the NASDAQ composite another all-time high. Volume was mixed with NYSE volume coming in higher while NASDAQ volume peeled off yesterday’s level. The biggest knock on today’s market would be the closing well off the highs of the...
by Big Wave Trader | Aug 23, 2016
A mixed start to the second to last full week of summer. We are still trading in a relatively tight range despite a little nonsense intraday. Volume was light on the session. Crude oil fell more than 3%. Pundits blamed Iraqi oil supply hitting the market....
by Big Wave Trader | Aug 21, 2016
Following a nasty little early morning selloff, stocks were able to find support soon afterwards and climb steadily higher throughout the session to finish slightly lower on the day. Not too bad, considering how we were trading early in the morning. Volume was higher...
by Big Wave Trader | Aug 19, 2016
A day after the latest release of the FOMC meeting minutes the market builds upon yesterday’s move off the lows. Volume didn’t accompany the move, but it is par for the course at this point. Volume really hasn’t mattered all that much since the Fed took over the...
by Big Wave Trader | Aug 18, 2016
The day did not start off well and nor did it look good. As noon time approached it appeared as if sellers were going to win the day. However, like magic buyers came rushing into the market nearly erasing all of the day’s losses ahead of the FOMC meeting minutes. A...