by Big Wave Trader | Apr 28, 2016
Earnings led by AAPL were a real drag on the NASDAQ today as the Russell 2000 continues to lead this market higher. Volume was up on the session, but it does not come as a surprise. The key part of the FOMC statement was the fact June’s potential rate hike is now off...
by Big Wave Trader | Apr 27, 2016
One more day until we get another release of the latest FOMC policy statement. Small caps led the market today gaining more than 1% on the session. We cannot say the same for the other averages as the NASDAQ ended lower and the Dow and S&P 500 limping into the...
by Big Wave Trader | Apr 26, 2016
For some time, we have been waiting for this market to pull back from its recent run and it appears we are beginning to get at least a small pullback. A three day losing streak for the NASDAQ is not something we have been accustomed to after the lows back in February....
by Big Wave Trader | Apr 24, 2016
Outside of the Nasdaq and Nasdaq 100 stocks staged another overall impressive intraday session on Friday with the Russell 2000 and the DJ-20 leading the way higher. Volume was mixed on the session with volume higher on the Nasdaq but that should be of no surprise...
by Big Wave Trader | Apr 21, 2016
ECB decided to hold its QE program and rates steady today as the market was hopeful another slash in deposit rates and more QE was coming. As a result the US dollar reversed its losses on the session and was green by the time stocks closed. The dollar has been a...
by Big Wave Trader | Apr 21, 2016
On Watch PBMD OCLS Potential Shorts UNXL RPRX