by Big Wave Trader | Nov 22, 2010 |
The NASDAQ notches gains on volume as market leaders continue to show strength The euphoric reaction Sunday evening to the Irish bailout news did not last very long. Futures continued to erode their gains as the open neared. Buyers initially were able to prop up the...
by Big Wave Trader | Nov 18, 2010
Better than expected jobless claim figures and a big jump in Philadelphia Fed index pushed stocks higher. Volume rose across the board as traders rushed to get back into stocks. Late day selling did knock stocks off their highs of the day, but gains were plentiful...
by Big Wave Trader | Nov 17, 2010
Market leaders did little to inspire, but we held Tuesday’s low The market did very little to calm the nerves of anxious bulls as the Dow closed slightly lower while the S&P 500 closed just higher. Volume ran lower across the board as the market was able to...
by Big Wave Trader | Nov 16, 2010 |
European Debt Crisis 2.0 and Chinese Inflation strike fear in the market. “If a tree falls in the woods and no one is around, does it make a sound?” There were plenty of traders around to see the market make take a dive to close lower (NASDAQ) for the fourth straight...
by Big Wave Trader | Nov 15, 2010
Merger Monday fails to spark buyers Late day weakness left a sour taste in traders’ mouths as late day sellers closed out the market near session lows. Mixed economic data got the day started with a better than expected Advance Retail Sales figures surprised the...
