by Big Wave Trader | Jun 29, 2011
Greece past austerity measures sending thousands to the streets protesting giving sellers a reason to push down technology stocks. Volume began to creep higher as the morning wore on, but financial stocks began to pick up steam keeping the S&P 500 a float. Not...
by Big Wave Trader | Jun 27, 2011
Monday got off to a rocky start as stocks dipped below Friday’s low. A weak consumption figure did not help stocks get off to the right foot, but buyers were able to step in and kick up some buying. Volume was well off Friday’s bloated level after the...
by Big Wave Trader | Jun 23, 2011
Disappointing economic data kicked off the morning session with heavy volume selling. The real story to kick off the day was the IEA releasing crude oil from strategic reserves. Crude fell immediately and at one point sported a $89 handle. Crude was able to find a bit...
by Big Wave Trader | Jun 22, 2011
Stocks fail to add to Tuesday gains as Bernanke fails to deliver inspiration to bulls. Bernanke did not hint at another round of Quantitative Easing and market participants did not take well to the news. Throughout the day the market held near the highs of the day...
by Big Wave Trader | Jun 21, 2011
From the get-go buyers were out in full force scooping up shares. The S&P 500 and NASDAQ had big price gains and volume coming in to confirm a new market rally. There was much to cheer about this one day wonder, but do not get overly giddy. Remember, June first...
