by Big Wave Trader | Dec 8, 2014
Crude oil continued its fall today while sellers took over the stock market just before noon time. Volume was up across the board as the market notched its 3rd day of distribution in recent weeks. Another ominous sign for the markets was we got another Hindenburg...
by Big Wave Trader | Dec 1, 2014
Early morning selling was the story of the session after last week’s holiday shortened week. AAPL even appeared to flash crash during the first 30 minutes of the session. It was clear from the start high beta stocks were targets of sellers and they were not going to...
by Big Wave Trader | Oct 8, 2014
Europe continues to stumble despite the ECB’s pledge to begin its own Quantitative Easing program. After today’s session the stock market is now in a precarious position. If we do not rally and rally well off these lows could be very dangerous for those who continue...
by Big Wave Trader | Sep 26, 2014
Yesterday’s gains were quickly erased today by heavy volume selling. There was not much to cheer about except GPRO continuing to add to its gains. Sellers were in complete control of the market for much of the day. Buyers were simply absent and were not around to...
by Big Wave Trader | Sep 15, 2014
There was certainly a divide in the market today as NASDAQ and Russell 2000 fell hard while the Dow closed in positive territory. A big beat for the Empire Manufacturing number was a nice surprise, but it did very little to excite market participants coming off the...
