by Big Wave Trader | Sep 21, 2010
Choppy Reaction to FOMC’s Statement Leads to a Day of Distribution A dose of positive news from the housing market failed to inspire traders to bid up stocks as housing starts jumped more than 10.5% month over month. Building permits jumped as well showing...
by Big Wave Trader | Sep 20, 2010
Small Cap Stocks Along with Big Cap Leaders like AAPL stock and BIDU stock lead stocks higher Big technology stocks lead the market with AAPL stock breaking into new highs. BIDU stock was another big technology stock breaking into new high territory. Another big day...
by Big Wave Trader | Sep 16, 2010
ORCL Posts Positive Earnings as the Stock Jumps After Hours Today was another day of gains in the market with the NASDAQ closing higher for the 10th time in the last 11 sessions. Early going the market was given a dose of good news with Jobless Claim figured showed a...
by Big Wave Trader | Sep 15, 2010
Volume slows as stocks add to gains Weak manufacturing data set the stage for early morning selling, but like Tuesday buyers stepped up to push stocks higher. However, today’s action wasn’t driven by any one stock like Tuesday and CSCO’s dividend announcement. The...
by Big Wave Trader | Sep 14, 2010
The market remains in an uptrend despite late day selling Better than expected retail sales figures failed to spark a morning rally, but it wouldn’t be long until buyers would step up to the plate and support stocks. The NASDAQ briefly took out its 200 day moving...
by Big Wave Trader | Sep 13, 2010
Technology and Small Capitalization stocks lead the way as volume jumps across the board. Volume increased across the board as NASDAQ volume jumped 14% over Friday’s level as well as its own 50 day moving average. Over at the New York Stock Exchange volume was up...
