by Big Wave Trader | Jan 24, 2011
Volume ends lower across the board with solid price gains Stocks advance in front of President Obama’s State of the Union Speech. Preliminary volume shows stocks advanced in lighter trade compared to Friday’s inflated figure due to options expiration. Price gains...
by Big Wave Trader | Jan 20, 2011 |
The NASDAQ suffers back to back distribution days leaving the current rally under some heat Markets whipsaw investors as fears over a market top set in, but afternoon trading saves the session. After Wednesday’s atrocious action sellers were quick to jump out of...
by Big Wave Trader | Jan 19, 2011
AAPL Reverses Gains as Stocks Close Just Off Their Lows Sellers took to the market as the NASDAQ suffers a major day of distribution. The carnage continued after hours with FFIV reporting mixed results sending the stock lower by more than 30 points in after-hours...
by Big Wave Trader | Jan 13, 2011
Uptrend continues The trend continues as stocks close out the day near the highs of the day as volume ended mixed. Price action continues to be bullish despite calls from many who believe the market is overbought. Financial stocks were big winners today as a positive...
by Big Wave Trader | Jan 13, 2011
Bernanke panel spooks the market, but its about price and volume action as stocks consolidate gains A disapointing jobless claim figures helped send stocks lower for the day, but it was late afternoon selling knocking stocks off the highs. Initially, the market was...