by Big Wave Trader | Jan 14, 2015
Today’s session stayed within the new normal with another volatile session as the Dow Jones Industrial average posted another triple digit loss. Early morning futures were dealt with a blow as December retail sales were weakier than expected. However, morning buyers...
by Big Wave Trader | Oct 13, 2014
We are now in a market where any bounce cannot be trusted until we can close with gains. Selling continued today as fears over Ebola continues to rise. The W.H.O. and C.D.C. have now contradicted each other over how Ebola is transmitted. Fear is certainly on the...
by Big Wave Trader | Apr 12, 2013
This week has favored the bulls as the market closed higher with gains for the fourth straight session. Volume ended mixed falling on the NYSE while running higher on the NASDAQ. A report on PC sales sent the likes of $MSFT, $INTC, and $HPQ lower putting pressure on...
by Big Wave Trader | Apr 10, 2013
A hiccup at the Federal Reserve led the central bank to release their latest meeting minutes at 9am EST. Despite several members favoring tapering the money printing operation by mid-year the market took off. Leading the charge was the NASDAQ, but on the Russell 3000...
by Big Wave Trader | Oct 15, 2012
The market finally bounces from oversold conditions as volume ends mixed. Volume rose on the NYSE and NASDAQ exchanges, but SPY and QQQ volume remained light. Retail sales jumped more than expected helping set the tone early on. Sellers got the upper hand on the...