by Big Wave Trader | Feb 9, 2011
AAPL Stock Hits Another High as the NASDAQ Sees Heavier Volume Selling Selling pressure hits the market, but the Dow notches its 8th straight day of gains thanks to a strong performance from DIS stock. DIS posted strong earnings after yesterday’s close boosting...
by Big Wave Trader | Feb 7, 2011
Stocks continue to add to gains Stocks hit multi-year highs as late afternoon selling puts a damper on the day. Melt-up Monday’s are the “norm” since the March 2009 bottom despite the calls for a market top. Volume couldn’t keep pace with Friday’s level, but the...
by Big Wave Trader | Feb 2, 2011
ADP Employment index took center stage after the market received a jolt of buying on Tuesday. Disappointing investors December’s ADP Employment index was revised down significantly throwing caution to the employment winds despite the index’s gains. The day saw the...
by Big Wave Trader | Jan 27, 2011
After-hours action hurts AMZN but the trading day is full of positives Disappointing economic data prior to the market open soured the mood on the street as Jobless Claims rose unexpectedly to 454,000. Durable goods orders and the Chicago Fed Nat Activity Index put...
by Big Wave Trader | Dec 27, 2010
Heavy snow blankets the east coast, but fails to keep stocks at the lows Traders in New York woke up to a huge pile of snow and a rate hike by the Chinese from Christmas day. Volume after the Christmas weekend was lower and was expected. It is not a secret traders...