by Big Wave Trader | Mar 27, 2015
Fears over the dollar, plane crash, and potential war in Yemen had many traders scared this morning. Heavy selling began the day and it appeared as if we were heading down the same path as yesterday’s market. As the early afternoon progressed it appeared we were...
by Big Wave Trader | Sep 23, 2014
The market entered a historically weak period with sellers winning the day. Leadership thinned even further today. Leading the market lower was once again small cap stocks followed closely by the NASDAQ Composite index. The Dow Jones Industrial Average continues to...
by Big Wave Trader | Sep 19, 2014
It was a day of new highs as the S&P 500 and Dow Jones Industrial average hit new all-time highs. The NASDAQ continues to hit multi-year highs. Russell 2000 remains weak and is not near its all-time high. Big Cap stocks have been leading this market higher and...
by Big Wave Trader | Sep 15, 2014
There was certainly a divide in the market today as NASDAQ and Russell 2000 fell hard while the Dow closed in positive territory. A big beat for the Empire Manufacturing number was a nice surprise, but it did very little to excite market participants coming off the...
by Big Wave Trader | Sep 20, 2011 |
A big black eye of this current uptrend was today’s reversal and closing just off the lows of the session. All was well heading into the afternoon hours as plenty of leading stocks were showing excellent strength. Just as the morning got going news out of China of the...