by Big Wave Trader | Jul 23, 2014
Slow and steady is this market’s mantra as the S&P 500 hits a new all-time record high in light turnover. Volume still does not matter and we have seen this market make new highs without much volume. Volume on the NASDAQ was higher thanks to MSFT and AAPL. ...
by Big Wave Trader | Jun 9, 2014
Today’s market was void of any economic releases, but this morning’s market saw AAPL trade in double digits after a 7-for-1 stock split. Small caps stocks were the leaders of today’s market with the Russell 2000 nearly up one percent for the day. NASDAQ finished...
by Big Wave Trader | Jan 28, 2014
AAPL’s reaction to earnings was quite harsh as the stock closed just above the $500 level after erasing 44 points on the day. Due to AAPL the NASDAQ simply could not keep up with the rest of the indexes lead by the Russell 2000 closing higher by .93%. Volume was...
by Big Wave Trader | Jan 27, 2014
Selling continued on Monday lead by the Russell 2000 and NASDAQ Composite indexes. CAT earnings release and subsequent move helped the Dow Jones Industrial Average from losing further steam. Volume ended the day lower across the board despite the plunge to new lows...
by Big Wave Trader | Jul 30, 2013
The NASDAQ hit a new multi-year high prior to noon time only to see sellers rush in and quickly move the index to its lows of the session. The S&P 500 was unable to sustain its morning gains too despite the efforts by technology names. Industrials and utilities...