by Big Wave Trader | May 11, 2010
Volume lagged on both exchanges, but the NASDAQ only finished just below Monday’s level. On the NYSE volume lagged by almost 20% as institutions failed to step up support stock prices. The morning’s gap down was a function of Monday’s dramatic rise...
by Big Wave Trader | May 10, 2010
The news from the European Union fueled stocks at the open and throughout the day. Severe oversold conditions certainly helped out the situation as the bailout helped calmed the fears in the market. The Volatility index took a dive, but was able to finish above its...
by Big Wave Trader | May 7, 2010
[2010-05-06 14:32:51] [BWT Lobby] BigWave_Trader : [c=003300]this aint over yet[/c] [2010-05-06 14:32:57] [BWT Lobby] BigWave_Trader : [c=003300]more selling on its way[/c] [2010-05-06 14:33:30] [BWT Lobby] BigWave_Trader : [c=003300]fear![/c] [2010-05-06 14:33:42]...
by Big Wave Trader | May 6, 2010
European Debt Crisis of 2010 Today was unlike any other as panic struck the market with a ton of bricks. The day started off just fine, but it wouldn’t take too long before sellers grabbed onto the Greek riots as a reason to sell. Short sellers, without an...
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...
