by Big Wave Trader | Jul 25, 2019
A solid day for small cap stocks as IWM jumped 1.65% on the day with higher turnover. The same could not be said for the Dow as it closed nearly 80 points. Thanks to CAT and BA the two largest detractors from the day. BA issues are well known with the grounding of 737...
by Big Wave Trader | Dec 23, 2015
For the second straight day the market closed with gains. As stocks moved higher volume moved lower as traders and institutions are simply not interested in accumulating shares ahead of the Christmas holiday. Economic data was mixed with GDP coming in better than...
by Big Wave Trader | Apr 24, 2015
As the 3pm hour began it appeared this market was ready to rocket higher. Continuing with the trend sellers were able to push the market off their highs of the session. The market did not start of strong with weak economic data hitting the wires. However, buyers...
by Big Wave Trader | Mar 17, 2015
Mixed housing data before the opening was completely ignored. What dominated commentary was whether or not the Federal Reserve would remove the word “patient” be removed. Housing starts plummeted 17% month-over-month. Building permits were up, but housing starts...
by Big Wave Trader | Jan 29, 2015
The market received an early boost from AAPL and YHOO, but it would not last long. All eyes were on the Federal Reserve and its policy statement. Many were expecting the normal dovish Fed waiting on raising interest rates. However, the Federal Reserve turned...
