by Big Wave Trader | Sep 30, 2014
Early morning jitters over global unrest gave way to buyers as early morning lows were quickly forgotten. Pending home sales disappointed as month-over-month pending sales sank 1% while year-over-year fell more than 4%. Perhaps bad news is good news in hopes to keep...
by Big Wave Trader | Sep 4, 2014
A surprise move by the ECB by cutting rates helped push US stocks higher for the early part of the session. The surprise move buried the EURO with EURUSD plunging to lows not seen since July of 2013. By mid-morning the steam had run from the market and the highs...
by Big Wave Trader | Aug 26, 2014
The S&P 500 failed to hang on to 2000, but it still closed in all-time highs. Over on the NASDAQ the index hit a 14 ½ year high. Volume on the NASDAQ was higher, but lower on the NYSE. IWM remains well below its all-time high and has a bit of work in order to...
by Big Wave Trader | Aug 21, 2014
The story of the session was the volatility following the release of the FOMC meeting minutes. For much of the session leading up to the release the market was relatively quiet. Immediately following the release the market initially moved lower only to find buyers...
by Big Wave Trader | Aug 19, 2014
For the past seven out of eight days the NASDAQ has seen a positive close. Today, the S&P 500 would take over leading the market higher as volume across both the NYSE and NASDAQ fell from yesterday’s levels. Lagging once again was the Russell 2000. Whether or...
