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 | Nov 1, 2010
Stumbling uptrend awaits Mid-term Elections, Federal Reserve, and the Unemployment picture April highs proved to be too much for the market as sellers took to the market just shortly after the major indexes reached their April highs. NYSE volume run rate was higher...
by Big Wave Trader | Sep 8, 2010
Federal Reserve’s beige book showed deceleration in 5 of 12 regions tripping up stocks mid-day The market notches an accumulation day with volume jumping higher than Tuesday’s depressed levels. It was important to see a day of accumulation for this market since...
