by Big Wave Trader | Oct 20, 2009
Housing starts and building permits fell unexpectedly sending jitters throughout the market. The major indexes at their lows were down more than one percent. Even positive news from Texas Instruments, Apple, Dupont, and Catepillar couldn’t help suck in...
by Big Wave Trader | Oct 19, 2009
Our uptrend continues with solid price gains and with leading quality stocks at the helm. Volume slide as institutions appeared to hold back in front of earnings. The S&P 500 tested 1100 a few times, but sellers were able to hold the index below the...
by Big Wave Trader | Oct 18, 2009
The past few days we have had a very large swell hit our south shores, right before our winters begin (north shore), and it has been a blast. I only wish the stock market could do the same thing for me. However, when the same trend remains since March, with nary a...
by Big Wave Trader | Oct 15, 2009
It did not come as a surprise to see stocks come in a bit after Wednesday’s move. Volume was much lower on the NASDAQ at the beginning of the day, but rose steadily as the day wore on. Over on the NYSE volume was hovering around flat to slightly higher for...
by Big Wave Trader | Oct 14, 2009
Intel was able to exceed expectations and raise their Guidance on Tuesday giving a hint the chip sector may have some life left to it. However, it was JP Morgan’s blowout earnings that opened the flood gates for buyers to step in and it wasn’t just...
by Big Wave Trader | Oct 14, 2009
Just another day on Wall Street as stocks again were able to find support. Volume did increase over yesterday’s holiday supressed levels, but volume was below average. Early on sellers took ahold of the market sending prices lower on volume. It appeared as...
