by Big Wave Trader | Sep 19, 2011
More troubling news from the housing market was overrun by continued fears in the European nations. Greece is the cornerstone of the controversy. They need cash badly and their budget efforts continue to fail expectations. European stocks continue to be weak sending...
by Big Wave Trader | Aug 1, 2011
The day started off well with the NASDAQ gapping up more than 130 basis points. However, it wouldn’t last more than a few minutes with sellers taking over pushing the market lower. ISM manufacturing and construction spending didn’t help. ISM manufacturing was expected...
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 | Jul 5, 2011
Coming off a long weekend stocks opened mixed and ended mixed. There was no question volume was lower, giving the S&P 500 a solid day of consolidation. The NASDAQ was helped along by NFLX, AAPL, and GOOG. NFLX announced it was expanding its service to Latin...
by Big Wave Trader | May 25, 2011
Starting the day off with economic news did not sit well with the market. Durable goods suffered a wider than expected drop perhaps signaling further weakness in manufacturing seen from earlier reports. Volume started the day off much heavier than Tuesday’s action,...
