by Big Wave Trader | Feb 25, 2015
Finally, the NASDAQ ends lower for the first time in two weeks. AAPL dropped more than three points putting pressure on the NASDAQ. Today was a light day on the economic data front as existing home sales were better than expected, but still fell month-over-month. ...
by Big Wave Trader | Feb 25, 2015
The Dow Jones Industrial Average and S&P 500 hit another record closing as volume rose across the board. Janet Yellen’s testimony provided few fireworks, but we did find out rates are not about to rise any time soon. Aside from Yellen’s testimony we had a pretty...
by Big Wave Trader | Feb 24, 2015
For the ninth straight session the NASDAQ closed with gains. Crude oil slipped below $50, but the market is focused on Janet Yellen’s testimony tomorrow morning on Capital Hill. The stock market has all but ignored the situation in Greece as the country looks to...
by Big Wave Trader | Feb 22, 2015 |
The Big Wave Trading portfolio is currently under an across the board operational BUY mode with no pressures weighing against this signal. Major market averages are hitting new highs with no distribution pressure, our momentum oscillators (TSV, MACD, Stochastics, and...
by Big Wave Trader | Feb 20, 2015
Greece continues to dominate the headlines and the US Stock market continues to push aside the risk. PCLN was a big driver in the NASDAQ’s move today as the index closed in positive territory for the seventh straight session. Volume dropped on the session as the...
by Big Wave Trader | Feb 18, 2015
Today’s market was able to shake off fears from Greece and what was lurking in the Federal Reserve meeting minutes. Starting the session economic data was less than desirable, but bad news typically has been good news. Greece was in the spotlight as the country was...
