by Big Wave Trader | Mar 3, 2015
March kicked off with more new highs and the NASDAQ Composite index closing above 5000 for only the third time in its history. The last time the NASDAQ was at these levels was March 2000! All-time highs for the Dow and S&P 500 is not a bearish signal, but many...
by Big Wave Trader | Sep 24, 2014
Early morning losses were quickly erased during the first half hour of trading. However, before the first hour of trading was over the highs of the day would be set. The bits of economic news were split with Markit US PMI coming in slightly lower than expected while...
by Big Wave Trader | Sep 23, 2014
The market entered a historically weak period with sellers winning the day. Leadership thinned even further today. Leading the market lower was once again small cap stocks followed closely by the NASDAQ Composite index. The Dow Jones Industrial Average continues to...
by Big Wave Trader | Sep 19, 2014
It was a day of new highs as the S&P 500 and Dow Jones Industrial average hit new all-time highs. The NASDAQ continues to hit multi-year highs. Russell 2000 remains weak and is not near its all-time high. Big Cap stocks have been leading this market higher and...
by Big Wave Trader | Sep 12, 2014
Another wild intraday session for stocks, but buyers were able to win out at the end of the session. Volume on the exchanges was mixed, but the major indexes saw volume lower on the day. Over the past two sessions the market has been able to work off oversold...
