by Big Wave Trader | Jan 16, 2014
Outside of the Dow’s loss the market was relatively quiet pricewise as the prior two day’s worth of gains are digested. We did get a few breakdowns from NUS, HLF, and BBY. However, the overall market settled nicely into a tighter than normal day’s range. Volume was...
by Big Wave Trader | May 30, 2013
Void of economic data early morning futures were lower on the back of European stocks and Nikkei futures moving lower. Volume started the day mixed, but gained momentum throughout the session. Even though today’s session was a technically a distribution day we were...
by Big Wave Trader | May 29, 2013
Tuesday’s continues to be the day to be long stocks. The Dow is now 20 for 20 since January. This morning’s economic reports pushed stocks higher as the Case-Shiller index and Consumer Confidence indicators beat expectations. An intraday selloff tainted the day’s...
by Big Wave Trader | Feb 6, 2013
Overnight the Nikkei jumped 3.8% as the country remains hell bent on trashing their currency. Europe resumed moving lower as the DAX fell more than 80 points. On this side of the pond futures were lower on the moves in Europe. Just before lunch time rumors of a...
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...
