by Big Wave Trader | Apr 28, 2014
The story of the session was another big intraday move only to find buyers at the lows to push the markets back above the mid-point of the session. AAPL was part of the winners as the stock broke towards the $600 level something it hasn’t seen since 2012. The intraday...
by Big Wave Trader | Apr 27, 2014
The Big Wave Trading portfolio remains under an across the board SELL signal despite the DJ-30, NYSE, DJ-20 and SP500 still holding above their 50 day moving averages. The model has taken into account the price action of these big cap indexes, along with the current...
by Big Wave Trader | Apr 25, 2014
AAPL saves the day for the NASDAQ as the stock broke out from a very long base, but it was the intraday volatility stealing the show. It wasn’t long after the open when sellers began to take it to the market. Perhaps it was Putin making threats, but sellers showed...
by Big Wave Trader | Apr 23, 2014
Disappointing new home sales and a preliminary look at US manufacturing PMI from Markit did not help the bulls cause today. For much of the session stocks remained in negative territory with the NASDAQ taking the brunt of the selling. The positive on the day is we did...
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...