by Big Wave Trader | Apr 14, 2012
“Don’t spend your time and energy chasing mediocre trades and investment opportunities. Only move when the odds are overwhelmingly in your favor.” -Brian Hunt “The game of speculation is the most uniformly fascinating game in the world. But it...
by Big Wave Trader | Apr 12, 2012
Disappointing economic news did not help the market in the early going, but sellers weren’t around to mount a defense. Steadily throughout the morning buyers pushed the market higher. European fears calmed as CDS spreads tightened. Volume slid on the day as...
by Big Wave Trader | Apr 11, 2012
It was interesting to see the market have the ability to close in the green without the help of AAPL and PCLN. These market generals have been helping the NASDAQ to push higher. Coming off extreme oversold levels today’s bounce was quite unimpressive with the market...
by Big Wave Trader | Apr 10, 2012
European fears helped send stocks lower as Spain and Italy fears continue to gain traction. The big deal with Spain and Italy is simply the size of their economies and it is the size striking fear in the market. Sellers dominated the entire session as volume sky...
by Big Wave Trader | Apr 9, 2012
The March jobs report released on Friday was quite disappointing as just over 100,000 jobs were created. A record number of people leaving the labor force helped unemployment drop to 8.2%. Futures indicated the market wasn’t about to respond well to a poor jobs report...