by Big Wave Trader | May 13, 2015
Kicking off the day the market was hit with weak retail sales for the month of April. Bond yields headed lower as many thought the Federal Reserve rate hike would be pushed back. The NASDAQ was the initial beneficiary of buying at the start of the session, but would...
by Big Wave Trader | May 11, 2015
It appeared as if we have begun summer trading with light volume and boring trading session. There were pockets of excitement, but overall it was relatively quiet trading session. Energy was a big draw on the market overall with Utilities sluggish as well. Crude...
by Big Wave Trader | May 8, 2015
Just as IBD indicates the market is in correction mode we get a bounce in the stock market. Volume was lower across the board as institutions were not all that giddy piling into stocks. IWM saw positive price action clearing yesterday’s high. On the negative side...
by Big Wave Trader | May 5, 2015
Yesterday’s light volume affair was not enough to entice buyers back into the market. The NASDAQ took the brunt of the selling lead by the larger cap stocks within the index. Over in the S&P 500 it was utilities leading the charge lower. Investors appear to be...
by Big Wave Trader | Apr 20, 2015
Friday’s session, on the face of it was troubling after fears over global issues and a Bloomberg outage. However, today’s rebound was a good sign as the selling did not follow-through. We continue to see a lack of follow-through on either side of the market here. ...
