by Big Wave Trader | May 23, 2012
A better than expected new home sales failed to spark a rally in the markets as traders turned once again to the European situation as a reason to sell the market. Sellers were in control for much of the day as the European situation remains dire. In particular is the...
by Big Wave Trader | Apr 11, 2012
It was interesting to see the market have the ability to close in the green without the help of AAPL and PCLN. These market generals have been helping the NASDAQ to push higher. Coming off extreme oversold levels today’s bounce was quite unimpressive with the market...
by Big Wave Trader | Oct 4, 2011
A wild day on Wall Street as stocks whipsaw all day long, but finally closing higher on the highs of the day. Hitting bear market levels the S&P 500 was able to bounce back along with the rest of the market. The big winner on the day was Small Cap stocks followed...
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 | Apr 4, 2011
Sellers took to AAPL stock once again as the stock fell more than one percent weighing on the NASDAQ and the rest of the technology sector. Leading stocks on the other hand acted very well suggesting the market simply was digesting gains before making a move to the...
