by Big Wave Trader | May 10, 2011
Small cap stocks along with leading growth stocks helped boost the market. The market felt sluggish for most of the day after 11am EST. It appeared as if sellers sat at the high of the day knocking down the entire market. However, just after 2pm EST stocks caught a...
by Big Wave Trader | May 10, 2011
Commodities rebounded on Monday after tumbling last week after a host of margin hikes. Stocks faired well with Small Cap stocks jumped more than one percent on the day. Volume dropped against Friday’s pace as institutional players stepped aside today. Volume dropped...
by Big Wave Trader | May 4, 2011
Stocks stumbled after a poor reading from the ISM Non-Manufacturing index. Despite a moderate figure from the ADP employment report the drop in the ISM index really shook traders. Sellers were in full control as stocks were heading into panic mode just before the one...
by Big Wave Trader | May 3, 2011
News spread quickly Sunday night regarding the killing of Bin Laden. Stock market futures immediately jumped on the news vaulting nearly one percent. It appeared as if the market was going to rally hard, but by the end of the day the market was a far cry from its...
by Big Wave Trader | Apr 27, 2011
The early going was very rocky as sellers took to the market taking down equity prices prior to the 12:30pm EST policy statement and 2:15pm EST press conference. By 11:00am EST stocks hit the lows of the day and began to trend higher. Leadership took a hit prior to...
by Big Wave Trader | Apr 25, 2011
Volume tumbled as stocks took a break after last week’s price run up. The market attempted to breakout and even notched a follow-through type day last week it is not out of the question we’d have a slight pullback. In addition, the market is certainly positioning...