by Big Wave Trader | Apr 13, 2011 |
The market continues to act bearishly as gains from the morning session were unable to hold as buyers were unable to hold up prices. It was clear the market sell-off insuing after the market hit the high of day was due to the Obama budget plan. Prices dove as...
by Big Wave Trader | Apr 6, 2011 |
The day got off to a great start as the NASDAQ was able to move higher. However, sellers worked themselves into the market knocking off market leaders just at the eleven o’clock hour. It appeared as if the market was about to put in a nasty outside reversal day, but...
by Big Wave Trader | Mar 30, 2011 |
Just another day in paradise as the stock market continues to power ahead. Lead by Small Cap stocks the market finished higher for the second straight day. After Thursday’s follow-through day we have been on top of this rally, despite any opinions and today was...
by Big Wave Trader | Mar 29, 2011
Markets reverse course and close at the highs of the session despite an unexpected fall in consumer confidence. Early morning selling gave way to buyers just a few minutes after the market open. NYSE vol ran higher, but the NASDAQ’s was unable to catch up and...
by Big Wave Trader | Mar 28, 2011
An optimistic start to the day as early morning economic data helped fuel the morning rally. Volume began and ended the day off light, but this an expected outcome as many Monday’s have started out with light volume. As 10:30 am rolled around the Dallas Fed...