by Big Wave Trader | Nov 26, 2012
It was all about AAPL today as the technology giant surged more than 3% on above average volume lifting the NASDAQ to its 6th straight positive close. Disappointing manufacturing data out of the Dallas Federal Reserve Bank did very little to deter stocks from rallying...
by Big Wave Trader | Jul 19, 2012
Economic news was not good this morning, with the Philly Fed showing manufacturing contracting and jobless claims contracting much more than expected. Initially the market did sell off on the news but buyers jumped back into the market pushing the NASDAQ back to...
by Big Wave Trader | Jul 21, 2011
Financial stocks lead the market higher despite the pitiful performance from many leading stocks. Jobless claims jumped week over week, but it was better than expected readings from Leading Indicators and the Philly Fed helping out the market during the early going....
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...
