by Big Wave Trader | Apr 26, 2012
Another great day of stock market gains despite AAPL taking a back seat consolidating its gains from Wednesday’s market. Volume ended mixed, higher on the NASDAQ for the second straight day showing institutions are scooping up shares on the NASDAQ. The buying spree...
by Big Wave Trader | Apr 25, 2012
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%...
by Big Wave Trader | Apr 24, 2012
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...
by Big Wave Trader | Apr 23, 2012
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,...
by Big Wave Trader | Apr 23, 2012
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