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...
by Big Wave Trader | Sep 26, 2012
Stocks continue to struggle with the Fed’s Quantitative Easing hangover as the S&P 500 and NYSE Composite get hit with a day of distribution. Sellers got to work again pushing stocks lower in the morning session. Riots in Europe certainly did not help ease any...
by Big Wave Trader | Sep 25, 2012
Heavy volume selling struck the market down marking a day of distribution. One day of a heavy volume selling does not break an uptrend, but this one grabbed our attention. The day started off well with the market pushing to the highs of the session prior to noon time....
