by Big Wave Trader | Mar 30, 2011 |
Just another day in paradise as the stock market continues to power ahead. Lead by Small Cap stocks the market finished higher for the second straight day. After Thursday’s follow-through day we have been on top of this rally, despite any opinions and today was...
by Big Wave Trader | Mar 29, 2011
Markets reverse course and close at the highs of the session despite an unexpected fall in consumer confidence. Early morning selling gave way to buyers just a few minutes after the market open. NYSE vol ran higher, but the NASDAQ’s was unable to catch up and...
by Big Wave Trader | Mar 28, 2011
An optimistic start to the day as early morning economic data helped fuel the morning rally. Volume began and ended the day off light, but this an expected outcome as many Monday’s have started out with light volume. As 10:30 am rolled around the Dallas Fed...
by Big Wave Trader | Mar 24, 2011
Just after a few weeks of a market correction the NASDAQ notches a follow-through day. A late day push from buyers helped edge the NASDAQ enough to meet the technical requirement of a follow-through day. Yesterday we did see a few market Leaders breakout and today a...
by Big Wave Trader | Mar 23, 2011
A plunge in new home sales did provide a bit of selling, but buyers found themselves scooping up shares. The huge drop in new home sales should not come as a surprise, there continues to be a glut of homes and until supply is absorbed. Volume rose across the board,...
