by Big Wave Trader | Oct 6, 2010
Just when the market signals strength the rug gets yanked out from underneath leading stocks An earnings pre announcement form EQIX stock took down an entire technology sector. Big market leaders were taken to the woodshed as investors fled cloud computing stocks in...
by Big Wave Trader | Oct 5, 2010 |
Positive Economic Data helps stocks push higher What a difference a day makes as stocks reverse Monday’s losses and zoom higher in increased trade. Volume swelled as traders piled into stocks and with a positive ISM non-manufacturing report the market had all it...
by Big Wave Trader | Oct 4, 2010
Goldman downgrades MSFT as Pending Home sales fail to ignite buyers The past two Monday’s have not been kind as stocks slid in lighter trade. Goldman Sachs removed MSFT stock from its conviction buy list sending the stock lower thus, bringing down the rest of the...
by Big Wave Trader | Oct 1, 2010
Positive economic reports fail to spark a market rally The first kinks in the armor finally show up as positive GDP and Chicago PMI figures fail to spark buyers pushing the market higher. Traders simply couldn’t find footing after 10am EST and given the quarter end...
