by Big Wave Trader | Apr 20, 2012 |
“Profits always take care of themselves but losses never do. ” The speculator has to insure himself against considerable losses by taking the first small loss. In so doing, he keeps his account in order so that at some future time, when he has a constructive idea, he...
by Big Wave Trader | Apr 19, 2012
Disappointing jobless claim and existing home sales put a damper on the market at the open. Buyers did show up pushing the market higher with volume on the rise. However, buyers were exhausted and it was sellers who took over and dominated for the remainder of the...
by Big Wave Trader | Apr 18, 2012
The market had a void to fill with the lack of economic data and turned its attention to the current European situation. Unfortunately for us the European Debt Crisis will stay with us as long as Euro Politicians kick the proverbial can down the road. Volume rose...
by Big Wave Trader | Apr 17, 2012
AAPL reversed its course pushing higher bringing the rest of the technology sector and NASDAQ higher. Volume was lower on the day suggesting the appetite to get back into stocks was not a top priority for institutional traders. It is true High Frequency Trading (HFT),...
by Big Wave Trader | Apr 16, 2012
The story of the day was certainly the big guns falling from grace sending the NASDAQ lower on increased trade. Advanced retail sales came in better than expected as a warm March helped lure buyers out of their homes. Empire manufacturing disappointed as the index...
