by Big Wave Trader | Jul 26, 2011
Once again the Debt Ceiling debate continued to dominate the headlines despite earnings season. The lack of ability for Washington DC to come together continues to strike fear amongst market participants. Institutions stepped up their game today selling stock on the...
by Big Wave Trader | Jul 21, 2011
Financial stocks lead the market higher despite the pitiful performance from many leading stocks. Jobless claims jumped week over week, but it was better than expected readings from Leading Indicators and the Philly Fed helping out the market during the early going....
by Big Wave Trader | May 16, 2011
The most important indicator of the day was the nasty selling seen in Leadership stocks. Market leaders are the number one-tell in a market and ignoring them is doing so at your own peril. NASDAQ led the entire market down today closing down 163 basis points with the...
by Big Wave Trader | Mar 23, 2011
A plunge in new home sales did provide a bit of selling, but buyers found themselves scooping up shares. The huge drop in new home sales should not come as a surprise, there continues to be a glut of homes and until supply is absorbed. Volume rose across the board,...
by Big Wave Trader | Feb 10, 2011
Buyers step up as leaders continue to shine A better than expected jobless claims figure couldn’t help stem the selling pressure placed upon the market by CSCO stock. Panic set in very early on and the market appeared to be succumbing to the selling pressure. ...
