by Big Wave Trader | Oct 20, 2010 |
Late day selling ends stocks off the highs as volume slows Late day selling put a cap on the day’s excitement as stocks rebound from Tuesday’s heavy distribution day. All eyes would point to the Federal Reserve’s release of its beige book at 2pm EST. Prior to the...
by Big Wave Trader | Oct 19, 2010 |
The market suffers a major distribution day Technology earnings and banks sent stocks lower throwing up a day of distribution for the entire market. It has been a long time coming for a day like today where distribution of the heavy kind overwhelms the market. A few...
by Big Wave Trader | Oct 18, 2010
After-hours trading shows earnings disappointment, but the market still is in a healthy uptrend Earnings were the main story today aside from further talk about Quantitative Easing and the Foreclosure crisis. Citigroup (C) lead off the string of earnings as the...
by Big Wave Trader | Oct 16, 2010
Long 56 stocks 98-100% invested on full margin. All longs listed were posted on the website before being purchased for subscribers of the silver, gold, and platinum packages under the ‘new longs’ section. stock symbol – total return – date of...
by Big Wave Trader | Oct 15, 2010
The market side steps a distribution day consolidating recent gains. New banking fears helped push stocks lower, but a late afternoon buying spree lifted stocks off the lows of the session. Today’s consolidation was not out of the ordinary considering the move in...
