by Big Wave Trader | Sep 9, 2014
Turnaround Tuesday went in the opposite direction today with stocks falling on higher turnover as small cap stocks once again lead to the downside. Just after the announcement of the new product lineup out of AAPL it appeared as if this market would rally. However,...
by Big Wave Trader | Sep 4, 2014
A surprise move by the ECB by cutting rates helped push US stocks higher for the early part of the session. The surprise move buried the EURO with EURUSD plunging to lows not seen since July of 2013. By mid-morning the steam had run from the market and the highs...
by Big Wave Trader | Sep 3, 2014
Small Caps and the NASDAQ 100 led the market lower today after solid gains yesterday. The news regarding the Celebrity Nude scandal finally go to AAPL as traders were using the excuse as the stock sold off in heavy volume. Volume on the NYSE ran lower on the...
by Big Wave Trader | Jul 24, 2014
A slew of earnings hit the market and while earnings for many Biotech stocks were positive the market did not receive them well. Biotech was hit hard led by ALXN and ILMN to name a few. The S&P 500 hit a new all-time high, but finished near session lows as the...
by Big Wave Trader | Jul 8, 2014 |
Losses were carried over from yesterday’s session as volume jumped today. We have seen the first real distribution in quite some time as volume soared above Monday’s level. The lone sector in the S&P 500 in the green was the Utility sector. Selling was...