by Big Wave Trader | Mar 31, 2012
The biggest cause of trouble in the world today is that the stupid people are so sure about things and the intelligent folks are so full of doubts. — Bertrand Russell It is not the strongest of the species that survive, nor the most intelligent, but the ones...
by Big Wave Trader | Mar 29, 2012
The big economic news story of the day was the announcement of GDP leaving weekly jobless claims on the back burner. Disappointing at a 3% reading GDP failed to inspire the US has been chugging along at a good clip. Jobless claims fell more than expected, but remains...
by Big Wave Trader | Mar 28, 2012
A lighter than expected durable goods figure didn’t help out the market to begin the day. Sellers stepped up their operations just after the 10 o’clock hour. Intensifying just after 11 the selling continued pushing the market to the lows of the session. Volume jumped...
by Big Wave Trader | Mar 27, 2012
Just when you think the market is about to bust higher it stalls out on us. Today’s market action while not entirely bearish certainly throws a monkey wrench into the mix. NYSE volume was lower giving the S&P 500 a nice day of consolidation. It was late day...
by Big Wave Trader | Mar 26, 2012
The one thing lacking was above average volume, but that didn’t stop the bullish action on stocks. Leading stocks were quite bullish today a very healthy sign for the market going forward. The S&P 500 and the NASDAQ both saw volume come in below average...
