by Big Wave Trader | Dec 2, 2012
For the month of November actual volatility jumped to levels not seen since May despite the VIX moving lower for the most of the month. Make it a great week!
by Big Wave Trader | Nov 29, 2012
The market has become quite an interesting beast as of late with wild swings on every press conference DC makes. First Boehner’s comments sent the Dow down 50 points in a split second only to recover after Reid and Schumer respond. Nancy Pelosi was kind enough to wait...
by Big Wave Trader | Nov 28, 2012
Sellers were enjoying the day until comments from Speaker Boehner on the Fiscal Cliff negotiations. President Obama followed up just before noon time with similar remarks. The market was diving to new lows, but the comments spurred buying. We can argue it was High...
by Big Wave Trader | Nov 27, 2012
For the second day in a row the Dow Jones Industrial Average, S&P 500, and the NYSE Composite posted another day of distribution. It is an ominous sign for a newly developed rally to post back to back days of distribution after a follow-through day. Positive...
by Big Wave Trader | Nov 26, 2012
It was all about AAPL today as the technology giant surged more than 3% on above average volume lifting the NASDAQ to its 6th straight positive close. Disappointing manufacturing data out of the Dallas Federal Reserve Bank did very little to deter stocks from rallying...