by Big Wave Trader | Apr 22, 2014
Positive economic data from this morning and with Europe adding to its gains helped boost the market during the early going. Buying continued throughout the session, but slowed to a halt by the final hour of trading. Volume jumped day-over-day which is a good sign. ...
by Big Wave Trader | Apr 21, 2014
Coming off a long Easter weekend and with European markets closed US stocks were able to climb higher on the session. Whether or not it was a lack of sellers or just enough buyers stocks were able to close near session highs. Leading all gainers was the NASDAQ...
by Big Wave Trader | Apr 20, 2014
The Big Wave Trading Portfolio remains under a SELL signal but there is definitely strength in Big-Caps, especially in the Energy and REIT sectors, and thus the SP-500 and DJ-30 have moved back into a NEUTRAL position on the most short-term time models only....
by Big Wave Trader | Apr 18, 2014
Despite disappointing results out of big technology companies as GOOG and IBM the market was able to reverse early morning losses. Volume was certainly aided by earnings, but it was higher across the board nonetheless. Day three has come and gone and in front of a...
by Big Wave Trader | Apr 16, 2014
Disappointing housing data did not get the market down following global markets moving higher. It was a luncheon at the New York Economic club where Janet Yellen stressed the fed’s accommodation stance did the market push to the highs of the session. Steady buying...
by Big Wave Trader | Apr 16, 2014
The big story of the day was the epic turnaround stocks staged after suffering some heavy volume selling. Hitting its 200 day moving average the NASDAQ found buyers and in big volume too. Economic data came in pretty much as expected and nothing to really get overly...
