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NASDAQ Strikes a Follow-Through Day as NYSE Volume Lags

by Big Wave Trader | Jun 2, 2010 | 8 comments

The recently volatility has the market looking loose, but traders pushed stocks to the highs of the day at the close.  Volume ran lower for much of the trading session until the final minutes when volume jumped to push the NASDAQ over the edge.  However, on the NYSE...

Making Sense Of This Follow-Through Day In The Grand Scheme Of This Market

by Big Wave Trader | Jun 2, 2010

This is my response to an email I received on Seeking Alpha: Hi DFT. I will post this defition of a Follow-Through Day from IBD and then go over the days in detail to explain how the follow-through day occured and then what are chances are of success: After a...

Small Caps Lead the Market Lower as End of Day Selling Leaves a Black Eye on the Market

by Big Wave Trader | Jun 1, 2010

Overseas fear, this time out of China pushed stocks lower at the open as traders feared the worse.  Buyers didn’t waste much time before pushing the market higher closing the morning’s gap.  Volume jumped at the open, but fell rapidly as the market moved...
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