by Big Wave Trader | Nov 30, 2011
Volume exploded at the end of the day as stocks rise more than 4% as European Bank crisis almost hits critical mass. The hot rumor of the day was a major European bank was about to go bust and central banks across the world needed to take quick and decisive action....
by Big Wave Trader | Nov 30, 2011
BigWaveTrader has recently had a baby and continues to be bogged down by this responsibility. Therefore, I will be happily posting commentary tonight in his place. However, today was an extremely busy day and I do not really have time (this is already a late post) to...
by Big Wave Trader | Nov 29, 2011
The story of the day was the bank downgrades after the market closed. During the market session BAC broke through a key pivotal point and continued lower in after-hours. Technology stocks were the ones hit hard during the trading session as stocks like GOOG, AAPL,...
by Big Wave Trader | Nov 28, 2011
The NASDAQ avoided its 8th straight down days with a 3.5% gain on the day’s trading. Volume was well below average, but higher than Friday’s shortened session. Today’s gains came after hefty losses from Thanksgiving week as well as the week prior. There were a few...
by Big Wave Trader | Nov 26, 2011
It continues to be a rough 2011, minus the July to August downtrend, but it is possible another trend is in the process of developing. Following the rally off the October lows, it started to look possible that a new uptrend might take shape as some new CANSLIM quality...
