by Big Wave Trader | Jun 29, 2010
The global sell-off began in China and sent ripples throughout the entire market. Two acronyms caused issues today the “ECB” and “LEI.” Sellers took to the market and did not leave any stones unturned hitting just about every stock. ...
by Big Wave Trader | Jun 28, 2010
http://seekingalpha.com/article/211963-priceline-com-another-leader-ready-to-tumble
by Big Wave Trader | Jun 28, 2010
After Friday’s Russell re-balance the market took a breathier as stocks ended the day just their lows. Early in the day a disappointing Dallas Federal Reserve Manufacturing activity index dropped four percent, but reaction was mute as the market ignored the...
by Big Wave Trader | Jun 27, 2010
Stock symbol – % return since purchase – date of purchase Longs: LCUT 153% 11/2/09 UPI 53% 4/26/10 AKRX 16% 5/25/10 CTHR 10% 6/2/10 Currently long 9 stocks, after Monday’s opening bell Shorts: THO 18% 5/20/10 EXPE 14% 5/7/10 NOV 13% 5/11/10 KSS 8%...
by Big Wave Trader | Jun 24, 2010 |
Third Straight Distribution Day for the S&P 500 as Volume Remains Below Average CASH IS KING Today’s market was a mix of selling and lack of bids forcing stock prices lower. A self-imposed deadline for Washington, DC’s financial reform held back...