by Big Wave Trader | Sep 12, 2014
Another wild intraday session for stocks, but buyers were able to win out at the end of the session. Volume on the exchanges was mixed, but the major indexes saw volume lower on the day. Over the past two sessions the market has been able to work off oversold...
by Big Wave Trader | Aug 29, 2014
The big story to start the session was the big upward revision of the second quarter GDP. Expectations were for the second quarter to have grown at 3.9% annualized rate, but revisions were well past that at 4.2%. The revision was great news for the economy, right? ...
by Big Wave Trader | Aug 22, 2014
The market continues to inch higher into new high territory. Volume ended mixed on the session with the NYSE turnover higher while NASDAQ pulled in. It is hard to argue with a market hitting an all-time high on higher volume. Market pundits certainly can find...
by Big Wave Trader | Jun 19, 2014
Stocks traded in a tight range, but it was GLD leading the way higher. Overnight the Nikkei broke out in heavy trade a good sign for Japanese stocks following the move yesterday. It is clear there is a new uptrend in GLD from today’s move as well as US stocks and...