by Big Wave Trader | Mar 6, 2013
A better than expected ISM Non-Manufacturing reading on the back of strong new orders helped push the market to the highs of the session. Volume expanded on the day a good sign for the markets as the NASDAQ had a follow-through day. AAPL reversed its downturn heading...
by Big Wave Trader | Mar 5, 2013
Stocks moved higher despite the Shanghai dropping 3.65% as the country tries to solve its real estate issues. Intraday volatility continued, but stocks were able to find their footing after the lunch hour. Lows were set just after noon time and did not look back....
by Big Wave Trader | Mar 2, 2013
Despite a disappointing GDP reading of .1% the market was able to climb near their respective highs. The Dow Jones Industrial average came within 16 points of an all-time high before experiencing a late day sell off. End of the month rebalancing shot volume up by the...
by Big Wave Trader | Mar 2, 2013
Headline durable goods orders disappointed, but pending home sales excite buyers. The Dow Jones Industrial Average recouped Monday’s high while other indexes close just below. Volume dropped 10% from Tuesday’s level suggesting institutions weren’t out accumulating...
by Big Wave Trader | Feb 26, 2013
Positive economic data fails to lift stocks initially as the market focuses on Bernanke’s testimony. Europe continued to succumb to the Italian problem. Volatility dropped after jumping 34% yesterday, but despite the market rebounding volume did not follow. Monday’s...
by Big Wave Trader | Feb 25, 2013
Today’s start to the day appeared as if the market as about to resume its bullish trend. Economic data was non-existent besides a disappointing Flash PMI out of China. Europe was rallying hard on hopes of an optimal Italian election outcome. By mid-morning it became...
