by Big Wave Trader | Jan 27, 2011
After-hours action hurts AMZN but the trading day is full of positives Disappointing economic data prior to the market open soured the mood on the street as Jobless Claims rose unexpectedly to 454,000. Durable goods orders and the Chicago Fed Nat Activity Index put...
by Big Wave Trader | Jan 26, 2011
Federal Reserve leaves Rates and POMO unchanged as volume jumps across the board The Federal Reserve Bank leaves rates unchanged as stocks close just off the highs of the session with volume up across the board. Traders pushed stocks higher after New Home Sales...
by Big Wave Trader | Jan 25, 2011
The markets rally off the days low to close just off the highs of the day as volume races higher. The day did not start off out too well with the market moving lower. However, a better than expected jump in consumer confidence boosted the market pushing stocks to...
by Big Wave Trader | Jan 24, 2011
Volume ends lower across the board with solid price gains Stocks advance in front of President Obama’s State of the Union Speech. Preliminary volume shows stocks advanced in lighter trade compared to Friday’s inflated figure due to options expiration. Price gains...
by Big Wave Trader | Jan 20, 2011 |
The NASDAQ suffers back to back distribution days leaving the current rally under some heat Markets whipsaw investors as fears over a market top set in, but afternoon trading saves the session. After Wednesday’s atrocious action sellers were quick to jump out of...
by Big Wave Trader | Jan 19, 2011
AAPL Reverses Gains as Stocks Close Just Off Their Lows Sellers took to the market as the NASDAQ suffers a major day of distribution. The carnage continued after hours with FFIV reporting mixed results sending the stock lower by more than 30 points in after-hours...
