by Big Wave Trader | Jan 19, 2016
Coming off a long weekend futures were set to push higher after positive economic news out of China overnight. It was clear for the onset sellers would regain the upper hand as stocks immediately began to sell off as soon as the market opened. After a quick rally for...
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...
by Big Wave Trader | Dec 24, 2015
Another day and another positive day for stocks as the market is right back where it started when the Fed raised rates. Volume remains below average, but price certainly has improved after last Thursday’s and Friday’s action. All day long any dip was met with buyers,...
by Big Wave Trader | Dec 23, 2015
For the second straight day the market closed with gains. As stocks moved higher volume moved lower as traders and institutions are simply not interested in accumulating shares ahead of the Christmas holiday. Economic data was mixed with GDP coming in better than...
by Big Wave Trader | Dec 22, 2015
After last Thursday and Friday’s action there was a hope the market would rebound and rally into the end of the week. Volume was not too impressive, but coming off of Friday’s elevated levels due to quadruple witching. What really made today’s rally was the last 30...