by Big Wave Trader | Jun 30, 2014
We closed out the first 6 months of trading of 2014 by closing mixed. Volume was lower, but it was due to the Russell rebalance inflating Friday’s trade figures. It appeared this market was going to close out June on a high note. However, sellers took control...
by Big Wave Trader | Nov 18, 2013
Today’s session started out as a decent day on the street ended in a sour mood. Pundits are blaming a timely quote from Icahn expressing his concern over the market and a possibility of a near-term correction. At this point, who hasn’t said this? Volume ended the day...
by Big Wave Trader | Jul 22, 2013
Today was a quiet day in the Market as participants ease back into trading from the summer weekend. Existing home sales disappointed where by sales dropped 1.2% month-over-month. Clearly higher rates have put pressure on the housing market. Chicago Fed Activity index...
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...
