by Big Wave Trader | Mar 16, 2011
Heavy volume selling grips Wall Street as stocks finish near the lows of the session. The early going despite the rise in prices and a large drop in housing starts was going well as the market was able to climb into positive territory. However, as the EU Energy...
by Big Wave Trader | Mar 14, 2011
Stock Market Remains in Correction Futures were rattled on Sunday evening with the news of meltdowns at Japanese nuclear plants. As news about explosions rocking power plants panic selling began in the futures. The markets opened and upon opening buyers seemed to...
by Big Wave Trader | Mar 9, 2011
Semiconductor stocks lead the market lower in mixed trade Better than expected crude inventories kept crude oil at bay, but did little to help out stock prices. Lower on the day was the Philadelphia Semiconductor Index (SOX index) fell more than three percent sending...
by Big Wave Trader | Mar 8, 2011
Stocks rebound on light volume after Monday’s heavy volume decline Facebook released news it would begin streaming movies from the site as another entry into NFLX stock’s neighborhood sent the stock lower. The decline did not stop the Russell 2000 from gaining...
by Big Wave Trader | Mar 3, 2011
Buyers cheer lower oil prices and better job outlook A big drop in jobless claims along with better than expected readings from the ISM Non-Manufacturing sector helped boost stocks. AAPL stock lead the NASDAQ higher as buyers jumped in and bid up shares in...