by Big Wave Trader | Feb 25, 2015
Finally, the NASDAQ ends lower for the first time in two weeks. AAPL dropped more than three points putting pressure on the NASDAQ. Today was a light day on the economic data front as existing home sales were better than expected, but still fell month-over-month. ...
by Big Wave Trader | Feb 24, 2015
For the ninth straight session the NASDAQ closed with gains. Crude oil slipped below $50, but the market is focused on Janet Yellen’s testimony tomorrow morning on Capital Hill. The stock market has all but ignored the situation in Greece as the country looks to...
by Big Wave Trader | Jan 29, 2015
The market received an early boost from AAPL and YHOO, but it would not last long. All eyes were on the Federal Reserve and its policy statement. Many were expecting the normal dovish Fed waiting on raising interest rates. However, the Federal Reserve turned...
by Big Wave Trader | Jan 28, 2015
Earnings continue to pour in this morning was not a pretty sight. Monday night MSFT reporting earnings disappointing the street. The stock was down more than 7% and it continued on Tuesday. Prior to the market open CAT missed and missed badly sending the stock...
by Big Wave Trader | Jan 5, 2015 |
Today’s session was witness to heavy volume selling appeard on the street today as traders and investors return from the holiday session. Energy took a beating inside the S&P 500 today falling nearly 4% on the trading session. Crude oil sliced through $50 a...