by Big Wave Trader | Oct 9, 2012
The selling continues to be concentrated in technology stocks lead by AAPL, GOOG, PCLN and others. Another day of distribution and they have now piled up to where we are no longer in our uptrend. Today’s selling pushed us into a short-term oversold condition, but it...
by Big Wave Trader | Oct 7, 2012
There will not be a weekend update this week. We apologize for the inconvenience. Top Current Holdings – Percent Return – Date of Signal AVD long – 145% – 1/10/12 CAMP long – 72% – 4/26/12 SVNT long – 61% – 9/10/12 NTE...
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...
