by Big Wave Trader | Feb 8, 2011
Bears continue to be frustrated as the market hits new highs Notching another 52 week high the NASDAQ added to Monday’s gains led by AAPL stock as volume volume rising across the board. AAPL the largest stock in the NASDAQ hit another new high as investors continue...
by Big Wave Trader | Feb 7, 2011
Stocks continue to add to gains Stocks hit multi-year highs as late afternoon selling puts a damper on the day. Melt-up Monday’s are the “norm” since the March 2009 bottom despite the calls for a market top. Volume couldn’t keep pace with Friday’s level, but the...
by Big Wave Trader | Feb 3, 2011
Crisis in Egypt Continues as Stocks find Support and Close Higher Selling pressure in MSFT holds back the NASDAQ as the market finds support at intraday lows. Kicking off heavy selling pressure at the 10 o’clock morning hour was better than expected ISM...
by Big Wave Trader | Feb 2, 2011
ADP Employment index took center stage after the market received a jolt of buying on Tuesday. Disappointing investors December’s ADP Employment index was revised down significantly throwing caution to the employment winds despite the index’s gains. The day saw the...
by Big Wave Trader | Feb 1, 2011
Volume ends mixed, but price action is strong For the second day in a row stocks jump, but today’s session came with a big jump in volume. A positive ISM Manufacturing figure helped push stocks higher. Even with a big jump in ISM Prices Paid index the market was...
