by Big Wave Trader | May 9, 2012
John Chambers the CEO tells it like it is and unfortunately for those long CSCO paid the price today as the stock was down more than 8%. Once again, for the second day in a row stocks found themselves support at the day’s low. The S&P 500 briefly breached...
by Big Wave Trader | Apr 17, 2012
AAPL reversed its course pushing higher bringing the rest of the technology sector and NASDAQ higher. Volume was lower on the day suggesting the appetite to get back into stocks was not a top priority for institutional traders. It is true High Frequency Trading (HFT),...
by Big Wave Trader | Apr 11, 2012
It was interesting to see the market have the ability to close in the green without the help of AAPL and PCLN. These market generals have been helping the NASDAQ to push higher. Coming off extreme oversold levels today’s bounce was quite unimpressive with the market...
by Big Wave Trader | Mar 22, 2012
The S&P 500 and other NYSE indexes were hit with a day of distribution while the NASDAQ was able to escape. Euro contagion continue with a focus on Portugal seems to be the flavor of the month. If the market hasn’t figured it out now all the Euro nations will...
by Big Wave Trader | Oct 3, 2011
Europe and Asia struggled overnight and into the early morning hours pushing US Equity futures lower. Fears over Greece and other European nations grew, but now fears over China’s growth crept into the minds of traders. At the 10am EST hour the market was handed...
