by Big Wave Trader | May 11, 2012
The story of the day was CSCO and its reaction to its earnings release. PCLN didn’t’ fare well either as earnings disappoints. A slightly better than expected jobless claims figure helped the market in the early going, but the market quickly turned to sloppy trade...
by Big Wave Trader | May 9, 2012
John Chambers the CEO tells it like it is and unfortunately for those long CSCO paid the price today as the stock was down more than 8%. Once again, for the second day in a row stocks found themselves support at the day’s low. The S&P 500 briefly breached...
by Big Wave Trader | Oct 4, 2011
A wild day on Wall Street as stocks whipsaw all day long, but finally closing higher on the highs of the day. Hitting bear market levels the S&P 500 was able to bounce back along with the rest of the market. The big winner on the day was Small Cap stocks followed...
by Big Wave Trader | Jul 18, 2011
AAPL stock surges on big volume as buyers rushed into the stock. In the meantime, the NASDAQ and the rest of the stock market were in trouble for much of the day as sellers took ahold of the market for much of the day. The late day surge in AAPL stock helped lift the...
by Big Wave Trader | May 11, 2011 |
“The market giveth, the market taketh” Yesterday’s rally appeared to be a follow-through from Monday’s low volume rally, but the market gods had other plans. The trade imbalance widened more than expected suggesting the US’ rising exports did not gain enough to...
