by Big Wave Trader | Jan 13, 2014
The start of 2014 has been quite the opposite of 2013 whereby sellers are in control of the overall market. Just after noon eastern sellers jumped aboard and pushed the entire market lower. Volume ran higher than Friday’s pace as institutions jumped in and sold down...
by Big Wave Trader | Apr 23, 2013
Led by MSFT the NASDAQ led the market higher. Existing home sales disappointed, but the disappointment wouldn’t last very long. Buyers did not have much resistance as sellers weren’t putting up much of a fight. Volume was light even with the solid price gains. MSFT...
by Big Wave Trader | Jan 23, 2013
Attention on the day was aimed at earning’s releases at the close of the day. Stocks were dealt a blow with the IMF cutting its global forecast to 3.5% from 3.6%. While not a big blow to a forecast, but the IMF pointed to Europe and its inability to grow as a primary...
by Big Wave Trader | Jul 24, 2012
A terrible Richmond Federal Reserve Manufacturing index reading helped set a negative ton for the market. Volume jumped on the day as turnover picked up as sellers gained control over the market. Volatility jumped as fear appears to be settling into the market, but...
by Big Wave Trader | Jan 30, 2012
While market pundits wait for a Greece and its creditors to come to an agreement, stocks quietly put in a solid day. At the open it did not appear stocks would have a good day as the market pulled back nearly one percent. Small cap stocks were having a difficult time,...
