by Big Wave Trader | May 16, 2013
A late day rally helps push the markets higher as volume expands across the board. AAPL and GOOG have completely gone in different directions as GOOG hit a new high as AAPL dropped below its 50 day moving average. Many will search for the “why” AAPL dropped, but all...
by Big Wave Trader | Apr 24, 2013
Early morning rally from European markets albeit on continued economic weakness helped fuel early morning gains in US Futures. China didn’t help matters with a disappointing Flash PMI reading with the Shanghai falling 2.6%. US economic data didn’t surprise to the...
by Big Wave Trader | Apr 23, 2013
Led by MSFT the NASDAQ led the market higher. Existing home sales disappointed, but the disappointment wouldn’t last very long. Buyers did not have much resistance as sellers weren’t putting up much of a fight. Volume was light even with the solid price gains. MSFT...
by Big Wave Trader | Apr 18, 2013
The NASDAQ Composite loses its 50 day moving average on heavy volume. AAPL and GOOG lead the NASDAQ 100 lower as the big cap technology closed down 1.99%. Commodities followed stocks lower with copper and other metals leading the charge lower. The Federal Reserve’s...
by Big Wave Trader | Apr 1, 2013
Not the best way to start off the second quarter despite the Dow Jones Industrial average closing flat on the day. European markets weren’t open due to the Easter holiday, but Asian markets were. Disappointing economic data hit the tape as the ISM Manufacturing and...
