by Big Wave Trader | Oct 30, 2019
A solid day of gains for small cap stocks as measured by IWM, but QQQ stumbles after GOOGL falls post earnings. Volume was mixed on the session with NASDAQ volume ending lower while NYSE inched higher. The NASDAQ escaped a day of distribution. DIA closed flat with a...
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 | Apr 18, 2013
The NASDAQ Composite loses its 50 day moving average on heavy volume. AAPL and GOOG lead the NASDAQ 100 lower as the big cap technology closed down 1.99%. Commodities followed stocks lower with copper and other metals leading the charge lower. The Federal Reserve’s...
by Big Wave Trader | Mar 21, 2013
Another Federal Reserve meeting and the central bank vows to continue to print billions of dollars a month until the Unemployment rate drops to acceptable rates. Cyprus fears seem to die down as it appears Russia will protect its own and give a bailout to the small...
by Big Wave Trader | Jan 23, 2013
Attention on the day was aimed at earning’s releases at the close of the day. Stocks were dealt a blow with the IMF cutting its global forecast to 3.5% from 3.6%. While not a big blow to a forecast, but the IMF pointed to Europe and its inability to grow as a primary...
