by Big Wave Trader | Oct 4, 2012
Stocks got a positive boost off the first Presidential debate, but for technology stocks it wouldn’t’ be enough. Financials continue to be leading stocks in this market and today once again the group leads the market. But, once again the market is looking ahead to...
by Big Wave Trader | Oct 3, 2012
Heading into the first debate of the 2012 Presidential Campaign was led by the NASDAQ despite a faltering Semi-Conductor sector. Small cap stocks struggled as well with the Russell 2000 closing down 20 basis points. Volume expanded on the day, but with back to back...
by Big Wave Trader | Oct 2, 2012
The markets experienced a low volume session ahead of tomorrow’s economic data. ADP Employment and ISM Non-Manufacturing index are set to hit the wires tomorrow morning. For much of the day’s session sellers had control over the market as AAPL touched its 50 day...
by Big Wave Trader | Oct 1, 2012
NASDAQ 100 stocks lagged the broader market lead by MSFT and AAPL as the Dow Jones Industrial Average and Russell 2000 were able to close in the green. Volume ended the day lower than Friday’s inflated figures from end-of-the-month rebalancing. Overall the session...
by Big Wave Trader | Sep 29, 2012
The Big Wave Trading Portfolio remains under a BUY signal from August 3rd, following the past week’s market pullback. The pullback was overall orderly with only Tuesday being a session of concern. The fact that there were many stocks that made big moves...
by Big Wave Trader | Sep 27, 2012
Pathetic growth from the second quarter did very little to hurt stock gains. GDP growth was quite anemic disappointing economists who were expecting growth to top out at 1.7%. Initial claims were better than expected, but the lack of growth in the US economy continues...
