by Big Wave Trader | Oct 21, 2010
Traders get whipsawed as stocks digest earnings reports A roller coaster day for the market as stocks finish in the green, but coming back after sellers took to the market. The NASDAQ hit a wall just after eleven am today falling to its lows by two o’clock. Today’s...
by Big Wave Trader | Oct 20, 2010 |
Late day selling ends stocks off the highs as volume slows Late day selling put a cap on the day’s excitement as stocks rebound from Tuesday’s heavy distribution day. All eyes would point to the Federal Reserve’s release of its beige book at 2pm EST. Prior to the...
by Big Wave Trader | Oct 18, 2010
After-hours trading shows earnings disappointment, but the market still is in a healthy uptrend Earnings were the main story today aside from further talk about Quantitative Easing and the Foreclosure crisis. Citigroup (C) lead off the string of earnings as the...
by Big Wave Trader | Oct 13, 2010
Current uptrend logs another day of accumulation Late day selling dampened the mood, but an overall positive day in the markets. Volume jumped across the board as the market mostly cheered about positive earnings reports and tepid inflation readings. Import prices...
by Big Wave Trader | Oct 5, 2010 |
Positive Economic Data helps stocks push higher What a difference a day makes as stocks reverse Monday’s losses and zoom higher in increased trade. Volume swelled as traders piled into stocks and with a positive ISM non-manufacturing report the market had all it...
