by Big Wave Trader | Apr 29, 2015
A pop at the open was quickly erased as sellers rushed into the market pushing to the lows of the session. Case-Shiller home prices showed some decent gains helping ease some of the premarket selling in futures. The selling came fast and furious, but in this...
by Big Wave Trader | Sep 30, 2014
Early morning jitters over global unrest gave way to buyers as early morning lows were quickly forgotten. Pending home sales disappointed as month-over-month pending sales sank 1% while year-over-year fell more than 4%. Perhaps bad news is good news in hopes to keep...
by Big Wave Trader | Sep 4, 2014
A surprise move by the ECB by cutting rates helped push US stocks higher for the early part of the session. The surprise move buried the EURO with EURUSD plunging to lows not seen since July of 2013. By mid-morning the steam had run from the market and the highs...
by Big Wave Trader | Aug 26, 2014
The S&P 500 failed to hang on to 2000, but it still closed in all-time highs. Over on the NASDAQ the index hit a 14 ½ year high. Volume on the NASDAQ was higher, but lower on the NYSE. IWM remains well below its all-time high and has a bit of work in order to...
by Big Wave Trader | Aug 6, 2014
Forget the ISM figures and other economic data point the geopolitical issues in the world are causing jitters to increase. The market did take a bit of a dip after the release of the ISM non-manufacturing numbers. However, the market was able to stabilize and inch...
