by Big Wave Trader | Feb 28, 2011
The market closes the books on February ending higher for the third month in a row. At the close volume jumped pushing volume much higher across the board as institutions jockey for end of the month position adjustments. After the morning buying action the market...
by Big Wave Trader | Feb 24, 2011
The NASDAQ rebounds from recent selling while NYSE indexes fall in light trade Jobless claims dropped much more than expected fueling futures to rally off session lows and power a buying surge at the open. Buying continued to about 10:30 when the buying interest...
by Big Wave Trader | Feb 23, 2011
For the second straight day sellers took to the market knocking stocks lower in fast trade. Wednesday’s market was able to see intraday support off the lows as the NASDAQ hit its 50 day moving average. The intraday rally did faed into the close, but stocks did find...
by Big Wave Trader | Feb 22, 2011
The wave of anti-government demonstrations moved is way into Libya over the weekend causing havoc amongst equity markets. Even better than expected Consumer Confidence figures as well as Richmond Fed Manufacturing couldn’t entice buyers to prop up the market. Heavy...
by Big Wave Trader | Feb 17, 2011
AAPL weighs down the market as trade slows Early morning selling gave way to buyers despite AAPL stock performance after the National Enquirer posts a picture of Steve Jobs. Once again, another picture surfaced of Steve Jobs entering a cancer clinic and the stock...
