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...
by Big Wave Trader | Apr 14, 2014
The NASDAQ rallied nearly 40 points off the lows of the session to close in positive territory. It appeared from the start of the last hour of trading sellers wanted to take over. However, the market had something in-store for the sellers thwarting their attempt to...
