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 | 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...
