COMMENTARY
AAPL Boosts the Market as the Federal Reserve Announces Rate Policy
The story of the day was none other than AAPL producing fabulous earnings. On the negative side durable goods orders was much lower than expected, but failed to derail the euphoria surrounding AAPL’s earnings. The stock comprises 17% of the NASDAQ 100 and a nearly 9%...
AAPL Blows Away Earnings as Stocks end Mixed on Light Volume
Disappointing housing market numbers kicked started the morning economic news, but a better than expected Richmond Fed Manufacturing index was a nice surprise. While the rebound outside of the NASDAQ was nice to see the lack of volume was quite unimpressive. The real...
Stocks Finish off the Lows but Can’t Shake European Jitters
French elections and a debacle in the Netherlands helped spook investors sending European stock markets lower on Monday. Fears spread across the pond to the US as premarket futures were down close to one percent. There wasn’t any economic news to rattle the markets,...
The Current Rally Is Coming To An End
I decided to post this as an instablog on Seeking Alpha's site since they do not accept TA pieces without some fundamental proof. The Current Rally Is Coming To An End
Big Wave Trading Portfolio Update And Top Current Holdings
“Profits always take care of themselves but losses never do. ” The speculator has to insure himself against considerable losses by taking the first small loss. In so doing, he keeps his account in order so that at some future time, when he has a constructive idea, he...
Stocks Reverse Morning Gains on Increased Volume
Disappointing jobless claim and existing home sales put a damper on the market at the open. Buyers did show up pushing the market higher with volume on the rise. However, buyers were exhausted and it was sellers who took over and dominated for the remainder of the...
Stocks Settle Lower after a Whipsaw Like Day
The market had a void to fill with the lack of economic data and turned its attention to the current European situation. Unfortunately for us the European Debt Crisis will stay with us as long as Euro Politicians kick the proverbial can down the road. Volume rose...
Stocks Rebound in a Big Way as Volume Slides
AAPL reversed its course pushing higher bringing the rest of the technology sector and NASDAQ higher. Volume was lower on the day suggesting the appetite to get back into stocks was not a top priority for institutional traders. It is true High Frequency Trading (HFT),...
AAPL PCLN GOOG AMZN Weigh Down the Market as Volume ends Mixed
The story of the day was certainly the big guns falling from grace sending the NASDAQ lower on increased trade. Advanced retail sales came in better than expected as a warm March helped lure buyers out of their homes. Empire manufacturing disappointed as the index...
Big Wave Trading Portfolio Update And Top Current Holdings
"Don't spend your time and energy chasing mediocre trades and investment opportunities. Only move when the odds are overwhelmingly in your favor." -Brian Hunt "The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the...
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