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 | Feb 24, 2011
The NASDAQ rebounds from recent selling while NYSE indexes fall in light trade Jobless claims dropped much more than expected fueling futures to rally off session lows and power a buying surge at the open. Buying continued to about 10:30 when the buying interest...
by Big Wave Trader | Feb 10, 2011
Buyers step up as leaders continue to shine A better than expected jobless claims figure couldn’t help stem the selling pressure placed upon the market by CSCO stock. Panic set in very early on and the market appeared to be succumbing to the selling pressure. ...
by Big Wave Trader | Dec 27, 2010
Heavy snow blankets the east coast, but fails to keep stocks at the lows Traders in New York woke up to a huge pile of snow and a rate hike by the Chinese from Christmas day. Volume after the Christmas weekend was lower and was expected. It is not a secret traders...
by Big Wave Trader | Nov 9, 2010
Stocks end lower, but a last minute rally saves the market from closing on its lows Distribution hits the market as the dollar rallies and stocks fall. Volume rose across the board from Monday’s level. Selling accelerated late in the day as the dollar continued its...
