by Big Wave Trader | May 26, 2015
This is not the way you want to return from a long weekend. After many enjoyed BBQs and remember those who have served those who came into the day long were hit hard by sellers. A plethora of mixed economic data hit the market, but nothing stands out where the media...
by Big Wave Trader | Oct 13, 2014
We are now in a market where any bounce cannot be trusted until we can close with gains. Selling continued today as fears over Ebola continues to rise. The W.H.O. and C.D.C. have now contradicted each other over how Ebola is transmitted. Fear is certainly on the...
by Big Wave Trader | Jul 17, 2013
Poor housing data kicked off the morning with Mortgage Applications falling along side Housing Starts and Building Permits. However, the data wouldn’t keep stocks from ending positive as Bernanke’s testimony and continued to press the Fed would remain accommodative as...
by Big Wave Trader | Sep 10, 2012
Big cap technology stocks and financials struggle as the market gives back more than half of last Thursday’s breakout. The good news on the session was the fact volume was lower and institutions were not big sellers. INTC was an excsue for the broad market sell off as...
by Big Wave Trader | Jul 18, 2012
For the second straight day, Ben Bernanke testified in front of the house and stocks pushed higher. Housing data was a bit better than expected, aside from building permits. However, a few home building stocks like HOV and PHM did not agree. INTC lead the...