by Big Wave Trader | Aug 10, 2017
Volume was mixed across the board as NYSE volume fell with NASDAQ volume rising on the session. The NASDAQ fell 56bps and given the higher volume is classified as a distribution day. We expect lackluster to weak action during the summer months and yesterday was a...
by Big Wave Trader | Jul 27, 2017
A lackluster day for the markets after the Fed stated their run-off of their balance sheet would begin relatively soon. While initially the market dropped and popped it was unable to really muster up enough buyers to return to the highs of the session. Small caps...
by Big Wave Trader | Feb 2, 2016
Despite gains from Alphabet (GOOGL) the market could not hold off sellers as crude oil sunk more than 5% on the session. Bonds rallied on the day with the 10 year yield move below 1.9%. Why this is occurring is anyone’s best guess, but we are not about to argue with...
by Big Wave Trader | Jan 28, 2016
Disappointing durable goods orders could not keep the market down as rising crude prices and FB pushed the market higher. First, FB reaction to earnings certainly boosted the market as the company destroyed expectations. Crude helped futures gallop higher after a...
by Big Wave Trader | Jan 4, 2016
Overnight Chinese markets were halted as selling flooded their markets causing circuit breakers to halt trading for the day. Markets around the world reacted negatively and continued through the European market close. Volume ended higher across the board as...
