by Big Wave Trader | Feb 5, 2013
The market quickly erased majority of Monday’s losses in one session. Volume rose across the board from Monday’s level. Monday’s have been for quite some time light volume days and higher volume kicking in today was not a surprise. Banks led the way while Small caps...
by Big Wave Trader | Feb 4, 2013
Europe kicked off the selling with Spain and Italy taking on the brunt of the selling. The DAX fell 2.5% as the index fell in heavy volume erasing last week’s gains. Volume on the state side fell, but Monday’s have been light in general. Technology stocks led the...
by Big Wave Trader | Jan 31, 2013
A bigger drop in initial jobless claims did very little holding buyers back in the early going. Stocks would hit their high for the day just after the opening bell. Volume ran higher throughout the day even before the end of the month rebalancing took place. QCOM...
by Big Wave Trader | Jan 30, 2013
The market was dealt a blow with the fourth quarter GDP printed at -.01%. Expectations were for fourth quarter GDP to come in at 1.1%. Initially futures fell, but were able find their footing heading into the open. US Treasury 10 year yields jumped above 2% as sellers...
by Big Wave Trader | Jan 29, 2013
Once again buyers support the market at the lows. It has been the trend as of late to find buyers as the market appears to be in free fall. Positive data from Case-Shiller did help the mood. Volume rose on the day across the board showing institutions were quite...
