by Big Wave Trader | Apr 29, 2010
Fears over sovereign debt issues subsided as traders ignored possible Greek default and turned their attention to stellar earnings reports. Stocks gapped open and did not turn back as volume roared higher on the NASDAQ. NYSE volume couldn’t keep pace as volume...
by Big Wave Trader | Apr 29, 2010
stock symbol – % return since purchase/first purchase – date of purchase: LCUT 136% 11/2/09 AEZ 108% 12/1/09 XRTX 92% 9/30/09 BH 92% 7/13/09 CAMT 91% 12/21/09 RURL 82% 7/31/09 PCYC 78% 1/27/10 MPET 74% 9/8/09 MERC 62% 2/10/10 WBMD 59% 6/18/09 BTIM 51%...
by Big Wave Trader | Apr 28, 2010
The morning session started off with a pop after Tuesday’s sell off as volume began light. As more sovereign debt fears grew volume began to pick up steam as sellers took over. As we crept up onto the Federal Reserve rate decision stocks picked up support, but...
by Big Wave Trader | Apr 28, 2010
Portugal and Greece debt fears gave sellers all the excuses they needed to hit the market. Volume was runny hot throughout the day, but as Portugal and Greece were downgraded sellers took full advantage and pressed hard. Panic certainly stepped in, but this time...
by Big Wave Trader | Apr 28, 2010
For some odd reason market commentary was not updated by the person that updates it on my site tonight. I am not sure why and now I can not log in to my chat room (first time in at least six months). So I will post something I posted intraday. I sincerely apologize...
