by Big Wave Trader | May 27, 2014
Traders coming off a long holiday weekend were greeted with a slew of economic data as well as a positive open. Not much negativity from this morning’s economic releases to speak of, unless of course you dig into the numbers and find something to complain about. ...
by Big Wave Trader | May 26, 2014
Not much changed for us over here in Maui the past week, as stocks drifted higher into near new high ground for the NYSE and DJIA. The SP-500 managed to close at new all-time highs and the Nasdaq retook its 50 day moving average. Sadly, the one index you would like to...
by Big Wave Trader | May 23, 2014
We continue to see an improvement in the NASDAQ and today’s move while not massive was certainly a step in the right direction. Volume was mixed on the session with institutions appeared to be active in NASDAQ listed stocks. We are getting quite a few breakouts here...
by Big Wave Trader | May 21, 2014
Stocks reacted positively to the release of the most recent Federal Reserve meeting minutes. Unfortunately, while price action was nice the lack of volume is somewhat interesting. Where are the institutions piling into stocks? Volume is an indication Institutions...
by Big Wave Trader | May 21, 2014
Economic data took a hiatus today while a few Fed Officials made comments. Tuesday’s have been the darling of the market, but no more. It now has become Tumbling Tuesday. Leading to the downside comes to no surprise as small caps suffered the brunt of the today’s...
by Big Wave Trader | May 20, 2014
Much like the prior Monday today’s market lifted higher in very light trade. The market was led by the NASDAQ and Russell 2000. AAPL and GOOG were two stocks helping out the technology stocks today. We still are without a follow-through day on the NASDAQ and while...
