by Big Wave Trader | May 16, 2013
A late day rally helps push the markets higher as volume expands across the board. AAPL and GOOG have completely gone in different directions as GOOG hit a new high as AAPL dropped below its 50 day moving average. Many will search for the “why” AAPL dropped, but all...
by Big Wave Trader | Nov 13, 2012
The beginning and end of day action were quite the opposites today. Clearly institutions were selling hard in the final hour pushing stocks back to near session lows. Nothing is surprising in this market, but when you have the market getting support only to be sold is...
by Big Wave Trader | Aug 16, 2012
Stocks break out on above average volume lead by the CSCO after hiking its dividend and an upbeat earnings report. A strong move by the NASDAQ with above average volume certainly a big sign of strength and a clue Institutions were behind the move. CSCO certainly had a...
by Big Wave Trader | Aug 15, 2012
Led by a solid rally from the Russell 2000, stocks found support more than once throughout the day. New home builder confidence was better than expected again as consumer prices were below expectations according to government figures. Unfortunately, the economic...
by Big Wave Trader | Jul 10, 2012
A big distribution day strikes the market, but the real story is how leading stocks fared in today’s session. While we can focus on INTC, AA, or CSCO the real story is how leading stocks acted today and what they are foreshadowing. Distribution days happen in uptrends...
