by Big Wave Trader | Jul 18, 2012
For the second straight day, Ben Bernanke testified in front of the house and stocks pushed higher. Housing data was a bit better than expected, aside from building permits. However, a few home building stocks like HOV and PHM did not agree. INTC lead the...
by Big Wave Trader | Mar 19, 2012
Late day selling did put a damper on the day’s action, but small caps and NASDAQ shine. Volume ended lower, but coming off the quadruple witching Friday it would have taken a miracle to eclipse Friday’s trade. By far the biggest story of the day was AAPL issuing a...
by Big Wave Trader | Aug 23, 2011
Futures looked mighty chipper to begin the day. Early morning trading saw sellers take control right off the bat, but the party would not last long for sellers. Shrugging off dismal numbers from New Home sales and a very disappointing reading from the Richmond Fed...
by Big Wave Trader | Aug 22, 2011
On the back of the Libya news stocks jumped higher out of the gate, jumping as high as two percent. A better than expected, but still negative reading from Chicago Fed did help boost stocks at the open. Sellers took control at the open as the market could not even...
by Big Wave Trader | Jul 12, 2011 |
More fears over in Europe crept into the market during the early morning going. The market was able to tread water throughout the day, but volume was moving to the upside and with authority. Institutional players stepped up a bit today and showed their true hand, net...
