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 | Sep 20, 2011 |
A big black eye of this current uptrend was today’s reversal and closing just off the lows of the session. All was well heading into the afternoon hours as plenty of leading stocks were showing excellent strength. Just as the morning got going news out of China of the...
by Big Wave Trader | Jul 26, 2011
Once again the Debt Ceiling debate continued to dominate the headlines despite earnings season. The lack of ability for Washington DC to come together continues to strike fear amongst market participants. Institutions stepped up their game today selling stock on the...
by Big Wave Trader | Jul 12, 2011 |
More fears over in Europe crept into the market during the early morning going. The market was able to tread water throughout the day, but volume was moving to the upside and with authority. Institutional players stepped up a bit today and showed their true hand, net...
by Big Wave Trader | Sep 14, 2010
The market remains in an uptrend despite late day selling Better than expected retail sales figures failed to spark a morning rally, but it wouldn’t be long until buyers would step up to the plate and support stocks. The NASDAQ briefly took out its 200 day moving...