by Big Wave Trader | Jun 19, 2012
Another good day for the markets as leading stocks continued to see breakouts. Volume rose on the day, but remained below its 50 day volume average. The market was able to ignore poor housing starts while building permits picked up more than expected. European markets...
by Big Wave Trader | Jun 7, 2012
The NASDAQ reversed its gains in a big way after the Fed Chairman does not mention further quantitative easing. To add insult to injury Fitch warned of a possible US downgrade if a viable debt plan was not forged. Preliminary volume figures does show volume was lower...
by Big Wave Trader | Aug 3, 2011
Rumors of a potential third round of quantitative easing helped lift stocks from the lows of the session. A dismal report from the ISM Non-Manufacturing survey put plenty of pressure on stocks as volume swelled. The VIX on the other hand did not confirm the...
by Big Wave Trader | Jul 13, 2011
Ben Bernanke got the market off on the right foot after the 10am EST hour. Stocks were giving up early morning gains prior to Bernanke’s testimony in the House. The market cheered as the possibility of further easing, or what it is in reality printing money was put...
