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. ...
by Big Wave Trader | Mar 31, 2015
This market continues its choppy nature with the Dow falling 200 points, but small caps held up relatively well. Weighing on the S&P 500 today were health care and industrial stocks. Closing lower by nearly 90 basis points the S&P 500 had a difficult time...
by Big Wave Trader | Mar 25, 2015
Volume was higher on the NYSE giving the S&P 500 a day of distribution, but it was below average. Selling hit the market just after noon eastern and continued throughout the afternoon until the close. NASDAQ experienced higher volume than yesterday giving it a...
by Big Wave Trader | Jan 20, 2015
Hopes over a new European Quantitative Easing program boosted US futures early. Bank earnings have been disappointing and MS followed the trend releasing earnings at 7am. The lone piece of economic data was the NAHB Housing Market Index and it disappointed by one...
by Big Wave Trader | Aug 27, 2014
A late afternoon selling hiccup just before the final hour was just about all the excitement for the day. Early morning selling kicked us off and it too found support, but with volume so low it really cannot be chalked up to institutions rushing in to support...
