by Big Wave Trader | Jan 31, 2012 |
The early morning jolt higher the market was hit with unexpected disappointing economic news from the Chicago PMI and Consumer Confidence. While it did appear the market was heading for a day of distribution buyers stepped up just after the lunch hour. Financials...
by Big Wave Trader | Jan 30, 2012 |
Three Stocks That Should Be On Your Watchlist
by Big Wave Trader | Jan 30, 2012
While market pundits wait for a Greece and its creditors to come to an agreement, stocks quietly put in a solid day. At the open it did not appear stocks would have a good day as the market pulled back nearly one percent. Small cap stocks were having a difficult time,...
by Big Wave Trader | Jan 29, 2012
A Handful Of Stocks Ready To Move Higher
by Big Wave Trader | Jan 26, 2012
The NASDAQ notched its first day of distribution after putting in a new high in the most recent rally. A solid durable goods order number helped push the market higher. However, a bigger expected drop in New Home sales didn’t help and put pressure on stocks. It wasn’t...
by Big Wave Trader | Jan 25, 2012
Stocks were weak to begin the day as pending home sales were weaker than expected. The weakness didn’t last very long as traders and investors were positioning themselves ahead of the Federal Reserve policy statement. By noon, stocks were at session highs, but it...