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 | Oct 7, 2014
All appeared well in the world with US futures getting a boost from markets around the world. At its highs Brazil was up more than 8%. However, sellers had a different plan in store for this market. Volume ended mixed with volume on the NASDAQ exchange higher than...
by Big Wave Trader | Sep 23, 2014
The market entered a historically weak period with sellers winning the day. Leadership thinned even further today. Leading the market lower was once again small cap stocks followed closely by the NASDAQ Composite index. The Dow Jones Industrial Average continues to...
by Big Wave Trader | Sep 19, 2014
It was a day of new highs as the S&P 500 and Dow Jones Industrial average hit new all-time highs. The NASDAQ continues to hit multi-year highs. Russell 2000 remains weak and is not near its all-time high. Big Cap stocks have been leading this market higher and...
