by Big Wave Trader | Mar 14, 2011
Stock Market Remains in Correction Futures were rattled on Sunday evening with the news of meltdowns at Japanese nuclear plants. As news about explosions rocking power plants panic selling began in the futures. The markets opened and upon opening buyers seemed to...
by Big Wave Trader | Mar 10, 2011
Market correction deepens as volume swells across the board Economic news helped fuel the fire in sellers pushed stocks lower at the open. Volume swelled on the NYSE and NASDAQ as institutions rushed into the market to dump stock. The market has been under pressure...
by Big Wave Trader | Mar 9, 2011
Semiconductor stocks lead the market lower in mixed trade Better than expected crude inventories kept crude oil at bay, but did little to help out stock prices. Lower on the day was the Philadelphia Semiconductor Index (SOX index) fell more than three percent sending...
by Big Wave Trader | Mar 8, 2011
Stocks rebound on light volume after Monday’s heavy volume decline Facebook released news it would begin streaming movies from the site as another entry into NFLX stock’s neighborhood sent the stock lower. The decline did not stop the Russell 2000 from gaining...
by Big Wave Trader | Mar 7, 2011
A red day on Wall Street for technology stocks as the NASDAQ marks another day of distribution. The day started off on the right foot as there were gains across the board. Sellers took to the market very quickly and did not let up. Relief came in the final hours of...
by Big Wave Trader | Mar 3, 2011
Buyers cheer lower oil prices and better job outlook A big drop in jobless claims along with better than expected readings from the ISM Non-Manufacturing sector helped boost stocks. AAPL stock lead the NASDAQ higher as buyers jumped in and bid up shares in...
