by Big Wave Trader | Jun 9, 2015
Light volume Mondays are not an outlier event, but with the price declines Monday was not the way bulls wanted to start the week. QQQs saw higher volume than Friday, as the ETF tracking the NASDAQ 100 stocks closed below its 50 day moving average. SPY on the hand had...
by Big Wave Trader | Sep 18, 2014
Just when you thought were off to the races sellers swooped in knocking prices lower by the close. For much of the day stocks drifted toward the breakeven levels up until the FOMC announcement. As expected the Federal Reserve Bank said it would end its QE program at...
by Big Wave Trader | Jun 19, 2012
Another good day for the markets as leading stocks continued to see breakouts. Volume rose on the day, but remained below its 50 day volume average. The market was able to ignore poor housing starts while building permits picked up more than expected. European markets...
