by Big Wave Trader | Feb 22, 2010
Stocks closed lower as the market rested on lower volume. Friday’s volume got a boost by options expiry so lighter volume today was not a surprise. However, it was nice to see stocks pull back in gentle fashion rather a sharp decline. Bernanke’s testimony has given...
by Big Wave Trader | Feb 18, 2010
The biggest story of the day was not the market action but the action by the Federal Reserve by raising the discount rate. Stocks advanced once again as volume declined in size on the NYSE while the NASDAQ finished just under yesterday’s level. However, the focus is...
by Big Wave Trader | Feb 17, 2010
Another solid price performance for the NASDAQ as volume came in higher. Over on the New York Stock Exchange volume began higher, but at the end of the day traders simply didn’t were not there to push volume higher. Both exchanges saw a huge surge of volume at the...
by Big Wave Trader | Feb 16, 2010
Stocks rose with volume falling across the board as traders got back from a long weekend. It appears institutions weren’t interested in piling into stocks on Tuesday even as a government report should net inflows from foreign investors jumped more than expected. ...
by Big Wave Trader | Feb 11, 2010
Another day of accumulation, but the market wasn’t ready to IBD’s definition of a follow-through day. The big story of the day was Iran announcing it was able to enrich uranium. Stocks initially sold off on the news as volume was lighter than Wednesday. Once...
