by Big Wave Trader | Sep 22, 2010
Leaders are mixed as the NASDAQ notches a day of distribution thanks to ADBE stock ADBE stock and MSFT stock dominated the news headlines as both stocks help drag down the NASDAQ and other technology stocks. The S&P 500 shaved 48 basis points, but volume on the...
by Big Wave Trader | Sep 21, 2010
Choppy Reaction to FOMC’s Statement Leads to a Day of Distribution A dose of positive news from the housing market failed to inspire traders to bid up stocks as housing starts jumped more than 10.5% month over month. Building permits jumped as well showing...
by Big Wave Trader | Sep 20, 2010
Small Cap Stocks Along with Big Cap Leaders like AAPL stock and BIDU stock lead stocks higher Big technology stocks lead the market with AAPL stock breaking into new highs. BIDU stock was another big technology stock breaking into new high territory. Another big day...
by Big Wave Trader | Sep 16, 2010
ORCL Posts Positive Earnings as the Stock Jumps After Hours Today was another day of gains in the market with the NASDAQ closing higher for the 10th time in the last 11 sessions. Early going the market was given a dose of good news with Jobless Claim figured showed a...
by Big Wave Trader | Sep 15, 2010
Volume slows as stocks add to gains Weak manufacturing data set the stage for early morning selling, but like Tuesday buyers stepped up to push stocks higher. However, today’s action wasn’t driven by any one stock like Tuesday and CSCO’s dividend announcement. The...