by Big Wave Trader | Mar 24, 2011
Just after a few weeks of a market correction the NASDAQ notches a follow-through day. A late day push from buyers helped edge the NASDAQ enough to meet the technical requirement of a follow-through day. Yesterday we did see a few market Leaders breakout and today a...
by Big Wave Trader | Mar 2, 2011
Stocks stage weak attempt at rebound, but remain above key support levels Following up nasty selling the market rebounds in weak trade. AAPL stock tried to gather some traction as Steve Jobs revealed the new iPad. ORCL stock tried to regain its 50 day moving...
by Big Wave Trader | Feb 22, 2011
The wave of anti-government demonstrations moved is way into Libya over the weekend causing havoc amongst equity markets. Even better than expected Consumer Confidence figures as well as Richmond Fed Manufacturing couldn’t entice buyers to prop up the market. Heavy...
by Big Wave Trader | Feb 15, 2011 |
Stocks fall in heavier trade ahead of the release of the FOMC Meeting Minutes The market falls back on heavier trade as the NASDAQ adds another distribution day to its count. Despite AAPL stock efforts the selling in ORCL stock and MSFT stock continue to weigh down...
by Big Wave Trader | Oct 13, 2010
Current uptrend logs another day of accumulation Late day selling dampened the mood, but an overall positive day in the markets. Volume jumped across the board as the market mostly cheered about positive earnings reports and tepid inflation readings. Import prices...
