by Big Wave Trader | Mar 17, 2015
Mixed housing data before the opening was completely ignored. What dominated commentary was whether or not the Federal Reserve would remove the word “patient” be removed. Housing starts plummeted 17% month-over-month. Building permits were up, but housing starts...
by Big Wave Trader | Mar 26, 2013
This uptrend is hanging by a thread, but continues to find just enough support to halt any correction. It is very easy to blame the Dutch Finance Minister even after clarifying his statement. However, even after clarifying his statement the market still couldn’t find...
by Big Wave Trader | Jul 9, 2012
Coming off a holiday week stocks ended slightly in the red with volume coming in higher across the board. The Dow Jones industrial average along with the NYSE composite both notched distribution days, but the NASDAQ and S&P 500 skirted distribution. AAPL was...
by Big Wave Trader | Dec 16, 2010
Volume slides as stocks close just off the highs of the day Volume stumbles ahead of quadruple witching Friday, but stocks rebounded. Stocks began weak as a better than expected jobless claim figures failed to spark futures. POMO appeared to be the key driver for...
