by Big Wave Trader | Sep 10, 2012
Big cap technology stocks and financials struggle as the market gives back more than half of last Thursday’s breakout. The good news on the session was the fact volume was lower and institutions were not big sellers. INTC was an excsue for the broad market sell off as...
by Big Wave Trader | Aug 21, 2012
Like last week’s Tuesday’s session the market staged a higher volume reversal. Last Tuesday the market staged a similar reversal, but was quickly erased within two days. Today’s move was a bit more sinister as volume was a bit higher than last Tuesday’s. In addition,...
by Big Wave Trader | Aug 20, 2012
Coming off another summer weekend volume ended the session lower. The major indexes closed flat despite selling off in the early morning. Small caps had a tougher time with the Russell 2000 closed lower by 41 basis points. A solid day of consolidation coming off a...
by Big Wave Trader | Jul 24, 2012
A terrible Richmond Federal Reserve Manufacturing index reading helped set a negative ton for the market. Volume jumped on the day as turnover picked up as sellers gained control over the market. Volatility jumped as fear appears to be settling into the market, but...
by Big Wave Trader | Jul 23, 2012
Europe is at it again. Fears over a depression in Greece and Spain’s possible need of a full bailout helped spark fears over a European Union breakout. Right out of the gate sellers began to dump stock. However, before the first 30 minutes of trading were completed...
