by Big Wave Trader | Aug 18, 2011
Let’s blame the action on European fears and poor economic data, but the trend changed well before today’s action. Today was another day in the market turmoil saga CNBC continues to push and it came as no surprise to us. The drop in the Philly Fed figure was a big...
by Big Wave Trader | Aug 17, 2011
Forget today’s action for a moment, here are some high level points about this market: • Volume lacking on the upside • Market leaders continue to suffer losses • Seasonality headwinds • Death cross on major market indexes Today’s market did see a bit of a buying...
by Big Wave Trader | Aug 16, 2011
Dip buyers helped the market from closing on the lows as institutions stepped up pushing the market higher. Coming off of Monday’s rally on light volume the market wasn’t able to find buyers to push the market higher. Mixed economic reports did see Industrial...
by Big Wave Trader | Aug 15, 2011
Continuing on the v-shaped rebound from last week’s panic sell the market was able to close on the highs of the day, but as volume slipped across the board. Institutions were noticeably absent from today’s move as volume fell nearly 20% on the NYSE and about 16% on...
by Big Wave Trader | Aug 15, 2011
Six Gold And Silver Gems Shining Bright Despite Volatile Market
