by Big Wave Trader | Mar 22, 2011
Volume slips across the board If we do end up getting a follow-through day we’ll look back at today as constructive action. Today was constructive, lower volume on the pullback and price action was not destructive. The market remains in a dicey situation here, as we...
by Big Wave Trader | Mar 21, 2011
US Dollar Index hits new lows Gains were plentiful, but stocks finished off their highs as volume finished light. Volume was below average across the board and despite Friday’s options expiration volume was considerably lower. Without volume today’s action was not a...
by Big Wave Trader | Mar 17, 2011
Traders saw stocks rise today on the back of extremely oversold conditions and better than expected economic data. We have been under some serious pressure, but the market has been on quite a tear since the beginning of September 2010. Today’s bounce was quite weak...
by Big Wave Trader | Mar 16, 2011
Heavy volume selling grips Wall Street as stocks finish near the lows of the session. The early going despite the rise in prices and a large drop in housing starts was going well as the market was able to climb into positive territory. However, as the EU Energy...
by Big Wave Trader | Mar 15, 2011
News about more explosions out of Japan continued to rattle the market and it wasn’t just the nuclear power plant. Nikkei closed down more than 10.55% after sellers hit the market hard after new explosions were heard and seen. US Futures took a big haircut as fear...
