Big_Wave_Trader

Once again stocks were able to find footing in the middle part of the day, but fail to hold the highs. A few more FOMC members are open to more quantitative easing it wasn’t enough to help the market push back into the highs. Of course we still have the mess going on in Europe, [...]

The market got a double dose of bad news as Greece inches closer to a Euro exit and Italian short-term bond yields jump. Volume rose on the NYSE by a small fraction, but fell over on the NASDAQ. Italian CDS along with Spanish CDS jumped on the day as yields rose for both countries. Traders [...]

Sunday night futures took a big hit as French and Greek elections spook the market. Futures were able to climb back and wipe out majority of the losses from Sunday night prior to the open. As the market was able to gain itself footing, but lacked any oomph. Volume was lower on the day as [...]

A lower than expected ADP payroll figure soured the market mood at the early going. Friday’s jobs report is just around the corner and the ADP figure certainly points at a disappointing figure Friday. Volume started out the day running hot, but cooled as the session turned to the afternoon. NASDAQ volume ended lower on [...]