by Big Wave Trader | Oct 25, 2011
Negative news from economic releases did not help out stocks today. Case-Shiller home price index dropped more than expected dampening hopes on a housing recovery. Worse yet, consumer confidence dropped to levels unseen since March 2009. In addition, the Richmond Fed...
by Big Wave Trader | Oct 24, 2011
Stocks climbed higher today as the attitude of “no news is good news” from Europe continues to take hold. There has yet to be a vote on the EFSF yet and that has been a positive for the stock market. Small caps lead the way higher with the Russell 2000 closing with a...
by Big Wave Trader | Oct 23, 2011
Currently Big Wave Trading remains in an overall market neutral position. The current short-term stock market rally while providing hints that it could last longer is still under pressure via the below average volume on the rally. Due to the low volume on the rally...
by Big Wave Trader | Oct 21, 2011
2 New Stocks Ready To Explode Higher
by Big Wave Trader | Oct 20, 2011
Buyers stepped up mid-day to save the day as early morning selling sent the NASDAQ below Tuesday’s low. Volume surged on the selling, partially helped out by stocks reacting to earnings news. However, the heavy volume selling during the early morning session was...