by Big Wave Trader | May 5, 2010
The market can’t seem to shake off the European Debt crisis as stocks gapped lower at the opening selling off in big volume only to settle higher off the lows. Spain, Portugal, Ireland are all finding themselves under the debt fears sending shock-waves through...
by Big Wave Trader | May 4, 2010
Distribution finally caught up with the market as stocks fell hard on massive trade. More European debt fears emerged as Spain has asked for bailout funds giving traders a reason to dump the Euro and jump back on the US Dollar. Commodities turned lower on the move...
by Big Wave Trader | May 3, 2010 |
stock symbol – % return since purchase, first purchase – date of purchase MHR 346% 8/21/09 LCUT 135% 11/2/09 AEZ 123% 12/1/09 PCYC 93% 1/27/10 CAMT 91% 12/21/09 XRTX 83% 9/30/09 MPET 76% 9/8/09 MERC 66% 2/10/10 HOV 51% 4/14/10 BTIM 46% 3/10/10 NTGR 40%...
by Big Wave Trader | May 3, 2010
News of a Greece bailout helped stocks early on as the market gapped higher at the open. Volume was the big story of the day, behind the wonderful price advance on the day. Institutions were not out in full force putting cash to work as the first month hits. Price...
by Big Wave Trader | May 1, 2010
stock symbol – % return since purchase/first purchase – date of purchase MHR 303% 8/21/09 AEZ 111% 12/1/09 PCYC 86% 1/27/10 MPET 76% 9/8/09 WBMD 59% 6/18/09 KERX 13% 4/29/10 UPI 10% 4/26/10
by Big Wave Trader | Apr 29, 2010
Fears over sovereign debt issues subsided as traders ignored possible Greek default and turned their attention to stellar earnings reports. Stocks gapped open and did not turn back as volume roared higher on the NASDAQ. NYSE volume couldn’t keep pace as volume...