by Big Wave Trader | May 19, 2015
A strong move in the dollar today in the face of stronger housing data helped keep a lid on the stock market moving higher. Volume on the exchanges moved higher as trades get back into the groove after Monday’s light volume session. Crude oil prices were lower as...
by Big Wave Trader | Apr 14, 2015
Certainly for the first hour and a half it appeared as the stock market was ready to catapult itself higher. However, sellers had a different idea. It appears the NASDAQ is having a difficult time keeping itself above the 5000 level. Volume ended the day mixed with...
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...
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...