by Big Wave Trader | May 3, 2012
A better than expected jobless-claims figure was overshadowed by an overwhelmingly disappointing ISM non-manufacturing reading. Sellers dominated the day pushing stocks lower all day as volume rose on the day. The NASDAQ now with two days of distribution and the...
by Big Wave Trader | Apr 12, 2012
Disappointing economic news did not help the market in the early going, but sellers weren’t around to mount a defense. Steadily throughout the morning buyers pushed the market higher. European fears calmed as CDS spreads tightened. Volume slid on the day as...
by Big Wave Trader | May 19, 2011
The market digested a few economic reports, two being very disappointing yet the market was able to hold up. Leading indicators dropped to -.3% the first negative reading since last June and worse yet Wall Street expected a positive reading of .1%. To piggyback on top...
