by Big Wave Trader | Apr 30, 2015
Not a surprise to see first quarter GDP disappoint as stocks are unable to find their way higher. The Federal Reserve policy statement failed to spark enough buyers to push stocks back to positive territory. Another weak close for the entire market as we continue to...
by Big Wave Trader | Apr 27, 2015
Early morning rise in futures and subsequent open to the market eventually caved and ushered in heavy volume selling. Markit released its PMI reading and it was slightly weaker than expected, but did not hold back the equity markets from rallying just after the...
by Big Wave Trader | Apr 22, 2015
There was a tale of two tapes with the Dow Jones Industrial average moving lower on earnings while the NASDAQ exerts leadership. Early gains were hung onto by the NASDAQ, but the S&P 500 and Dow were unable to hang onto the gains set forth by early morning...
by Big Wave Trader | Apr 14, 2015
Certainly for the first hour and a half it appeared as the stock market was ready to catapult itself higher. However, sellers had a different idea. It appears the NASDAQ is having a difficult time keeping itself above the 5000 level. Volume ended the day mixed with...
by Big Wave Trader | Sep 15, 2014
There was certainly a divide in the market today as NASDAQ and Russell 2000 fell hard while the Dow closed in positive territory. A big beat for the Empire Manufacturing number was a nice surprise, but it did very little to excite market participants coming off the...
