by Big Wave Trader | Jul 31, 2016
Following the first 30 minutes of trading on Friday, it appeared that the market was finally ready to start a meaningful pullback. Oh how quickly things change in a strong uptrend. Stocks found their lows around 10 AM and rallied to their intraday highs around noon....
by Big Wave Trader | Jul 29, 2016
We inched higher again today on the Nasdaq and SP-500 with the Dow lower on the session. Volume sunk more than 7% across the board mostly due to the drop in volume from AAPL. At some point we will see a pullback, but for now we are continuing to push higher. All we...
by Big Wave Trader | Jul 27, 2016
AAPL was the clear winner of the day closing up more than 6 points on the session. The stock helped the NASDAQ close up nearly 60bps. Volume swelled on the day as earning season continues. At 2pm the Fed released its most recent decision and stocks for the most part...
by Big Wave Trader | Jul 27, 2016
A roller coaster type day as volume moves higher. A good sign was once again buyers were able to support the market. It was nice to see the Russell 2000 leading the market. AAPL vaulted higher after the market close. The stock will provide a big boost to the market on...
by Big Wave Trader | Jul 26, 2016
Due to travel commentary will be cut short. Although volume was higher we were able to see buyers jump in and support this market. We are still in an uptrend and we are not going to bail just because we think we could head lower. Let’s see how this market pushes...
by Big Wave Trader | Jul 24, 2016
It was another impressive session on Friday and overall it was another impress week as stocks closed higher Friday on lower volume across the board. Lower volume or not the ability for the market to continue to climb despite the extremely overbought short-term and...
