by Big Wave Trader | Jun 2, 2016
The S&P 500 cleared 2100 today as stocks continued to push higher. Today’s ADP was much improved over last month’s reading giving hope to an improved Jobs Report tomorrow. Crude oil reversed its losses after the OPEC oil ministers ended their meeting...
by Big Wave Trader | Jun 2, 2016
It is no big surprise this week’s employment data will be heavily scrutinized. Today’s release of the Federal Reserve’s beige book helped boost the market to begin June on a positive note. Thursday’s ADP report will be watched closely. Will it...
by Big Wave Trader | May 31, 2016
It was quite a mixed session on Tuesday as stocks closed lower on the SPX and DJIA and higher on the COMPQ and RUT. Strong breadth and a late day buying surge definitely helped shape up the closing prices. Volume was well above average and significantly higher today...
by Big Wave Trader | May 29, 2016
Stocks staged quite a powerful session on Friday with all of the major market indexes going out at the HOD across the board. While volume was slightly lower than the prior session it was only lower by about 5% on both exchanges. Considering it is a three day weekend...
by Big Wave Trader | May 27, 2016
A slew of economic data hit the market, but failed to inspire buyers to continue to push the market higher. A better than expected durable goods orders number could not give the Dow and S&P 500 another day of gains this week. Volume dropped across the board as...
by Big Wave Trader | May 26, 2016
Potential Longs MGT WATT ABRW CLRB SPEX TISA AMD PTX