by Big Wave Trader | Apr 17, 2012
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),...
by Big Wave Trader | Apr 16, 2012
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...
by Big Wave Trader | Apr 14, 2012
“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...
by Big Wave Trader | Apr 12, 2012
Disappointing economic news did not help the market in the early going, but sellers weren’t around to mount a defense. Steadily throughout the morning buyers pushed the market higher. European fears calmed as CDS spreads tightened. Volume slid on the day as...
by Big Wave Trader | Apr 11, 2012
It was interesting to see the market have the ability to close in the green without the help of AAPL and PCLN. These market generals have been helping the NASDAQ to push higher. Coming off extreme oversold levels today’s bounce was quite unimpressive with the market...
