by Big Wave Trader | Mar 29, 2012
The big economic news story of the day was the announcement of GDP leaving weekly jobless claims on the back burner. Disappointing at a 3% reading GDP failed to inspire the US has been chugging along at a good clip. Jobless claims fell more than expected, but remains...
by Big Wave Trader | Mar 28, 2012
A lighter than expected durable goods figure didn’t help out the market to begin the day. Sellers stepped up their operations just after the 10 o’clock hour. Intensifying just after 11 the selling continued pushing the market to the lows of the session. Volume jumped...
by Big Wave Trader | Mar 27, 2012
Just when you think the market is about to bust higher it stalls out on us. Today’s market action while not entirely bearish certainly throws a monkey wrench into the mix. NYSE volume was lower giving the S&P 500 a nice day of consolidation. It was late day...
by Big Wave Trader | Mar 26, 2012
The one thing lacking was above average volume, but that didn’t stop the bullish action on stocks. Leading stocks were quite bullish today a very healthy sign for the market going forward. The S&P 500 and the NASDAQ both saw volume come in below average...
by Big Wave Trader | Mar 26, 2012
4 More IPOs With Glowing Fundamentals
by Big Wave Trader | Mar 22, 2012
The S&P 500 and other NYSE indexes were hit with a day of distribution while the NASDAQ was able to escape. Euro contagion continue with a focus on Portugal seems to be the flavor of the month. If the market hasn’t figured it out now all the Euro nations will...
