by Big Wave Trader | Jul 17, 2014
In the overnight session European stocks were on the downside putting pressure on US stock futures. At the open buyers came in early and fast helping the market back up to breakeven before they would be quickly turned away by overseas tensions. Just after news of a...
by Big Wave Trader | Jun 19, 2013
What a volatile day it turned out to be with stocks gyrating after the FOMC policy announcement only to close at the lows of the session. Stocks were lower ahead of the announcement as many feared the Fed would inject into the statement regarding tapering bond...
by Big Wave Trader | Jan 28, 2013
Small losses on the S&P 500 and Dow ended their win streaks as AAPL boosts the NASDAQ to close in the green. Durable goods orders were boosted by BA orders coming in better than expected. Disappointing pending home sales were blamed on low supply, but nonetheless...
by Big Wave Trader | Nov 14, 2012
Despite CSCO and ANF gapping higher the market could not overcome selling. Once again volume jumped on the day as Institutional Investors dumped stock on the market. We did see some movement from the VIX, but the fear index remains tame under 20. Selling picked up...
by Big Wave Trader | Nov 7, 2012 |
Last night’s election finally gave clarity to the political landscape for the next few years. Obama winning the White House does not come as a surprise if you believed polling data. Polling data aside, the divide between the House of Representatives and Senate has...
