by Big Wave Trader | Jul 23, 2014
Slow and steady is this market’s mantra as the S&P 500 hits a new all-time record high in light turnover. Volume still does not matter and we have seen this market make new highs without much volume. Volume on the NASDAQ was higher thanks to MSFT and AAPL. ...
by Big Wave Trader | Jul 3, 2014
First apologies for no commentary last night and an abbreviated one tonight. The bond market sold off today while stocks traded in their narrowest range year-to-date. Today’s session rings a bell: “Never short a dull market.” The lack of volatility is not overly...
by Big Wave Trader | May 20, 2013
Heading into the week the US market once again watched the Nikkei continue to move further into the stratosphere. Futures were pretty anemic heading into the trading session today. Overnight news focused on the plunge in precious metals as Silver and Gold were hit...
by Big Wave Trader | May 15, 2013
The Dow closed higher on Tuesday for the 18th straight week moving higher by more than 100 points. Leading the market higher was the Russell 2000 jumping more than 1.25%. S&P 500 gained more than 1% while the NASDAQ lagged finishing higher by .69%. Surprisingly...
by Big Wave Trader | May 14, 2013
A better than expected seasonally adjusted retail sales figure helped push futures off their lows prior to the market open. Volume was lower on the session staying true to form as far as Monday trading sessions go. The market did not get the benefit of POMO today, but...
