by Big Wave Trader | Jul 3, 2010
stock symbol – % return – date of purchase longs: LCUT 116% 11/2/09 UPI 35% 4/26/10 AKRX 11% 5/25/10 shorts: EXPE 19% 5/7/10 NOV 17% 5/11/10 SFD 12% 6/17/10 EBAY 12% 6/4/10 THO 12% 5/20/10 KSS 10% 5/13/10 TECD 9% 5/18/10 SIVB 6%...
by Big Wave Trader | Jul 1, 2010
A weak jobless claims number as well as a weak ISM manufacturing number helped guide stocks to their lows of the session as volume raced higher. Negativity rose, but not to extreme levels as traders dumped stocks in the first few hours of trading. As stocks reached...
by Big Wave Trader | Jul 1, 2010
Stocks managed to shrug off a disappointing ADP employment report early in today’s trading session. The market was expecting to see roughly 65,000 jobs to be added in the private sector, but the report showed only 13,000 were added. Shrugging off the news was...
by Big Wave Trader | Jun 29, 2010
The global sell-off began in China and sent ripples throughout the entire market. Two acronyms caused issues today the “ECB” and “LEI.” Sellers took to the market and did not leave any stones unturned hitting just about every stock. ...
by Big Wave Trader | Jun 28, 2010
http://seekingalpha.com/article/211963-priceline-com-another-leader-ready-to-tumble
by Big Wave Trader | Jun 28, 2010
After Friday’s Russell re-balance the market took a breathier as stocks ended the day just their lows. Early in the day a disappointing Dallas Federal Reserve Manufacturing activity index dropped four percent, but reaction was mute as the market ignored the...
