by Big Wave Trader | Mar 2, 2011
Stocks stage weak attempt at rebound, but remain above key support levels Following up nasty selling the market rebounds in weak trade. AAPL stock tried to gather some traction as Steve Jobs revealed the new iPad. ORCL stock tried to regain its 50 day moving...
by Big Wave Trader | Mar 1, 2011
Market is in correction as we stated last week, selling continued in fast trade Middle East fears helped push crude above $100 a barrel while sellers were busy taking stocks lower in heavy volume trading. Despite the positive open it wasn’t too long before selling...
by Big Wave Trader | Feb 23, 2011
For the second straight day sellers took to the market knocking stocks lower in fast trade. Wednesday’s market was able to see intraday support off the lows as the NASDAQ hit its 50 day moving average. The intraday rally did faed into the close, but stocks did find...
by Big Wave Trader | Feb 22, 2011
The wave of anti-government demonstrations moved is way into Libya over the weekend causing havoc amongst equity markets. Even better than expected Consumer Confidence figures as well as Richmond Fed Manufacturing couldn’t entice buyers to prop up the market. Heavy...
by Big Wave Trader | Feb 17, 2011
AAPL weighs down the market as trade slows Early morning selling gave way to buyers despite AAPL stock performance after the National Enquirer posts a picture of Steve Jobs. Once again, another picture surfaced of Steve Jobs entering a cancer clinic and the stock...
