by Big Wave Trader | Oct 4, 2010
Goldman downgrades MSFT as Pending Home sales fail to ignite buyers The past two Monday’s have not been kind as stocks slid in lighter trade. Goldman Sachs removed MSFT stock from its conviction buy list sending the stock lower thus, bringing down the rest of the...
by Big Wave Trader | Sep 23, 2010
Stocks fall in the third straight day, but volume edges lower A lower than expected European PMI figure sent futures lower prior to the release of the weekly jobless claims. The jobless claim figures have become a barometer for the job market, but the unexpected drop...
by Big Wave Trader | Sep 21, 2010
Choppy Reaction to FOMC’s Statement Leads to a Day of Distribution A dose of positive news from the housing market failed to inspire traders to bid up stocks as housing starts jumped more than 10.5% month over month. Building permits jumped as well showing...
by Big Wave Trader | Sep 20, 2010
Small Cap Stocks Along with Big Cap Leaders like AAPL stock and BIDU stock lead stocks higher Big technology stocks lead the market with AAPL stock breaking into new highs. BIDU stock was another big technology stock breaking into new high territory. Another big day...
by Big Wave Trader | Sep 14, 2010
The market remains in an uptrend despite late day selling Better than expected retail sales figures failed to spark a morning rally, but it wouldn’t be long until buyers would step up to the plate and support stocks. The NASDAQ briefly took out its 200 day moving...
