by Big Wave Trader | Jan 12, 2010
Alcoa’s earnings disappoint coupled with Obama’s plan of new banking fees helps fuel fears amongst Wall Street. Option Volitility soared as the fear trade crept back into the market. Selling intensified as stocks were finding new lows throughout the...
by Big Wave Trader | Jan 11, 2010
Top returns on longs hitting new highs after Monday’s session.
by Big Wave Trader | Jan 11, 2010
There was a common theme today and that was the continued dominance by Chinese stocks. On the flip side large cap technology stocks weighed down the NASDAQ. But, the selling was subdued to lower volume showing institutions were not selling hand over fist. This is...
by Big Wave Trader | Jan 7, 2010
Another day of accumulation for the market with small cap stocks taking the lead on the day. Volume was up across the board with large cap technology stocks weighing down the NASDAQ. The S&P 500 finished the day with above average volume, showing strong...
by Big Wave Trader | Jan 6, 2010
We viewed today as a positive development in the market. Stocks simply do not move in a straight line up or down and need consolidation areas. The past two days we have been digesting price gains, quite healthy action. Volume is no doubt up from the holiday week,...
