by Big Wave Trader | Dec 9, 2011
I am not much into the macro, when it comes to taking buy and sell signals, as it is useless in my system. However, I know how severely things are screwed up out there. I also know how little the politicians of both parties do not give a rat’s behind about you...
by Big Wave Trader | Dec 8, 2011
Late day headlines regarding the current Eurozone situation fail to inspire and sellers take to the market pushing stocks to the lows of the session. Volume rose on the day, but once again was below the 50 day average volume. Institutions weren’t out in full force...
by Big Wave Trader | Dec 7, 2011
Very little economic news hit the wires this week, but they would have been overshadowed by European headlines. Volume continues to be well below average suggesting institutions are and continue to be on the sidelines. Late in the trading session headlines emerged of...
by Big Wave Trader | Dec 7, 2011
Three Growth Stocks Set For A Santa Claus Rally
by Big Wave Trader | Dec 6, 2011 |
The markets were quite boring today, even news European leaders were discussing a second bailout fund couldn’t spark much interest from institutions today. Volume ran lower across the board as institutional players continue to sit on the sidelines. As the Financial...
by Big Wave Trader | Dec 5, 2011
More hope and change rhetoric from the Eurozone helped boost stocks at the open. Stocks shrugged off a worse than expected reading from ISM non-manufacturing index as well as factory orders. Zooming to new highs on the day it appeared the major indexes looked to...