by Big Wave Trader | Feb 3, 2015
A late day rally helped kick the month of February off with solid gains across the board. Led by energy the S&P 500 closed higher by 1.3%. The Dow Jones Industrial average followed up with a gain of 1.14%. Lagging the session was the NASDAQ and Russell 2000. ...
by Big Wave Trader | Feb 2, 2015 |
Well that got ugly fast. The past five days has seen my outlook on this market drastically change. The deterioration in the Big-Cap technology related stocks and the Big-Bank stocks is beyond concerning. These stocks have put in roll over tops, H&S tops, and...
by Big Wave Trader | Jan 30, 2015
Today’s session did not start off very well and at a few points looked as if the December lows would no longer hold up as support. As if by magic just after 11am buyers began to pick up momentum and eventually a powerful force. Volume slipped on the NASDAQ, but on...
by Big Wave Trader | Jan 29, 2015
The market received an early boost from AAPL and YHOO, but it would not last long. All eyes were on the Federal Reserve and its policy statement. Many were expecting the normal dovish Fed waiting on raising interest rates. However, the Federal Reserve turned...
by Big Wave Trader | Jan 28, 2015
Earnings continue to pour in this morning was not a pretty sight. Monday night MSFT reporting earnings disappointing the street. The stock was down more than 7% and it continued on Tuesday. Prior to the market open CAT missed and missed badly sending the stock...
by Big Wave Trader | Jan 27, 2015
Ahead of a major winter storm hitting the Northeast of the United States stocks were able to push off the lows of the session. Greek elections were big news and late Sunday night they were negatively impacting futures. Futures would not be held down for very long...
