by Big Wave Trader | Jan 22, 2013
The market was able to push higher despite disappointing news from existing home sales as well as data from the Richmond Fed manufacturing index. Existing home sales were expected to rise 1.2% but fell 1% and last month’s big number was revised from 5.9% to 4.8%....
by Big Wave Trader | Jul 10, 2012
A big distribution day strikes the market, but the real story is how leading stocks fared in today’s session. While we can focus on INTC, AA, or CSCO the real story is how leading stocks acted today and what they are foreshadowing. Distribution days happen in uptrends...
by Big Wave Trader | Feb 16, 2011
Small cap stocks jump as the Russell 2000 leaps more than 1% as volume jumps across the board. The NASDAQ gained 76bps on volume nearly 14% higher than yesterday’s level led by DELL stock after better than expected earnings. Better than expected housing numbers and...