by Big Wave Trader | Dec 8, 2010
Stocks shake off early morning selling to close just off the highs of the session. After yesterday’s negative reversal on high volume stocks recovered today even as sellers took to the market during the early part of the morning. Volume fell across the board, but...
by Big Wave Trader | Dec 7, 2010
Current market rally stalls on volume A brokered deal in Washington on tax cuts and the unemployment extension helped boost futures in the morning. Stocks jumped at the open only to face selling pushing stocks to lows by mid day. Volume on the NYSE was lifted by...
by Big Wave Trader | Dec 6, 2010
Bernanke’s interview on 60 minutes spark fear over his handling monetary policy Gold and silver soar after Bernanke’s 60 minutes interview on Sunday night. Stocks consolidated nicely with the Russell 2000 index leading the way finishing higher by 4.44 (+.59)...
by Big Wave Trader | Dec 2, 2010
Stocks approach 2010 highs as European Debt fears subside A bigger drop in jobless claims then expected, did not stop the market from pushing higher closing just off the highs of the session. What did help the market was a jump in pending home sales figures...
by Big Wave Trader | Dec 1, 2010
“Simplicity is the key to brilliance” – Bruce Lee Stocks turn in a big rebound as economic data in the US and China along with a positive Portugal bond offering help ease the fears of a European debt crisis. ADP Employment change was better than expected as its...
by Big Wave Trader | Nov 30, 2010
European fears spread fast and furious as the monetary union is struggling with its debt crisis Stocks stumble on more European fears as the debt crisis worsens and spreads to more countries. In addition, China signal an interest to raise capital requirements once...
