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 22, 2010
Leaders are mixed as the NASDAQ notches a day of distribution thanks to ADBE stock ADBE stock and MSFT stock dominated the news headlines as both stocks help drag down the NASDAQ and other technology stocks. The S&P 500 shaved 48 basis points, but volume on the...
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 13, 2010
Technology and Small Capitalization stocks lead the way as volume jumps across the board. Volume increased across the board as NASDAQ volume jumped 14% over Friday’s level as well as its own 50 day moving average. Over at the New York Stock Exchange volume was up...
