by Big Wave Trader | Aug 6, 2014
Forget the ISM figures and other economic data point the geopolitical issues in the world are causing jitters to increase. The market did take a bit of a dip after the release of the ISM non-manufacturing numbers. However, the market was able to stabilize and inch...
by Big Wave Trader | Aug 5, 2014 |
After last week’s selling a bounce was certainly not unexpected. Volume could not match Friday’s levels, but Friday was the first of the month where volume is typically elevated. Price action was solid for much of the day after the morning dip as European stocks...
by Big Wave Trader | Jul 23, 2014
Slow and steady is this market’s mantra as the S&P 500 hits a new all-time record high in light turnover. Volume still does not matter and we have seen this market make new highs without much volume. Volume on the NASDAQ was higher thanks to MSFT and AAPL. ...
by Big Wave Trader | Jul 7, 2014
After a long holiday weekend those who were back in the office were sellers of this market today. A debate will certainly rage over whether today will count as a distribution day or not. We’ll count it as such, but we’ll need to see more evidence this market is...
by Big Wave Trader | Jun 10, 2014
Today was a solid day of consolidation for the overall market with volume falling on the trading session. After the recent run-up a period of consolidation is always welcomed. Volume once again was lower across the board, but it was a positive sign with the market...
