Big Wave Trading Investing
| Blog Name: |
Big Wave Trading Investing |
| Url: |
http://www.mauitrader.blogspot.com |
| Language: |
English |
| Topics: |
stocks, investing, finance |
| Description: |
At Big Wave Trading you'll find a no non-sense approach to investing. We do not offer opinions, we offer facts and a simple but decisive view on the market. At the helm is Joshua Hayes, who has been speculating in the equity markets for over 13 years. Our goal is to get you, the trader, to ignore the noise spewing out of Wall St. and focus on price and volume action. The approach taken at Big Wave Trading is second to none and you will not find a better place to make you the best trader you can become. Mahalo and we look forward to seeing you as a subscriber to Big Wave Trading! |
| Popularity: |
7 Followers |
Factory Index Gives a Boost to Stocks
Just no quit in this market, stocks rose for the third straight day as positive news from the Philadelphia Fed Factor Index rose unexpectedly. In other economic news jobless claims rose as well giving some concern a recovery jobs has yet to materlize. The 3+ million jobs President Obama promised with the stimulus has netted a loss of over 2 million jobs. Historically speaking jobs is a lagging indicator and we continue to see jobs being lost. Volume was mixed in the morning with a buying surge on the NASDAQ while the NYSE was quiet. As the day wore on the tide shifted towards the NYSE as volume picked up while the NASDAQ volume drifted lower. Although volume was lower on the NASDAQ it
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