by Big Wave Trader | Aug 12, 2011
Volume dropped significantly as institutional players stepped aside with the market closing up for the second straight day. The market experienced a bit of selling just after the release of the University of Michigan Confidence survey. A negative report as the survey...
by Big Wave Trader | Aug 10, 2011
Here we go again, stocks fall to near session lows by the close as sellers dominate end of day trading. Early morning trading saw stocks fall as the market witnessed zero follow-through from Tuesday’s rebound. The lack of follow-through or even support for stocks is a...
by Big Wave Trader | Aug 9, 2011
The Federal Reserve saved the day with its policy statement at 2:15pm Eastern Standard Time today. Although the initial reaction the statement was VERY negative stocks were so oversold a rally ensued pushing the market to close near the highs of the session. Early in...
by Big Wave Trader | Aug 9, 2011
Once again one of our subscribers has put together a wonder analysis of Big Wave Trading’s performance. bjesse does a great job putting together all the analysis. Performance Analysis 8-6-11 To sign up go here! 2010 Trading...
by Big Wave Trader | Aug 8, 2011
Friday night the news hit of the S&P’s downgrade of the United States. Futures opened up down more than two percent as fear over a credit downgrade gripped the market. Without any help from economic releases sellers ruled the day. There was a glimmer of...