by Big Wave Trader | Nov 11, 2010
Small Cap stocks lead the market higher along with the S&P 500 Dominating the trading was CSCO as the stock traded over a half of a billion shares as the company said it was “surprised” by the most recent quarter. CSCO trading accounted for the majority of share...
by Big Wave Trader | Nov 10, 2010
Dollar trips up reverses to close near the lows of the day helping stocks turn intraday The real story was the after-hours action in CSCO after it reported earnings. Intraday stocks found support as the dollar reversed and closed lower on the day. Volume came in...
by Big Wave Trader | Nov 9, 2010
Stocks end lower, but a last minute rally saves the market from closing on its lows Distribution hits the market as the dollar rallies and stocks fall. Volume rose across the board from Monday’s level. Selling accelerated late in the day as the dollar continued its...
by Big Wave Trader | Nov 9, 2010
Hi Josh/MS This is a short thank you for starting me out on my first year of investing. I have two accounts; one ended my first year up around 20% and the other down around 20%. Both were the same size so I’m flat for the year. The one down 20% I traded options...
by Big Wave Trader | Nov 8, 2010
Stocks take a much needed rest after last week’s gains A day of consolidation is what the doctor ordered for the market. Financials took a breather from last week’s gains as the majority of the market took a break too. Volume ran lower across the board as the...