by Big Wave Trader | Apr 24, 2013
Early morning rally from European markets albeit on continued economic weakness helped fuel early morning gains in US Futures. China didn’t help matters with a disappointing Flash PMI reading with the Shanghai falling 2.6%. US economic data didn’t surprise to the...
by Big Wave Trader | Jan 29, 2013
Once again buyers support the market at the lows. It has been the trend as of late to find buyers as the market appears to be in free fall. Positive data from Case-Shiller did help the mood. Volume rose on the day across the board showing institutions were quite...
by Big Wave Trader | May 24, 2012
Economic news was mixed with a disappointing durable goods figure and a better than expected Kansas City Fed Manufacturing reading. The dollar rose again as the European situation continues to act as an annoyance to the market. Europeans cannot get their act together...
by Big Wave Trader | Jul 21, 2011
Financial stocks lead the market higher despite the pitiful performance from many leading stocks. Jobless claims jumped week over week, but it was better than expected readings from Leading Indicators and the Philly Fed helping out the market during the early going....
by Big Wave Trader | Jul 20, 2011
AAPL stock blew out earnings estimates and gave an impressive earnings release. There is no denying the power of that stock, but its gains failed to lift the market for a second straight day. Volume dried up across the board, excluding AAPL from the mix. The action in...