by Big Wave Trader | Jan 13, 2011
Uptrend continues The trend continues as stocks close out the day near the highs of the day as volume ended mixed. Price action continues to be bullish despite calls from many who believe the market is overbought. Financial stocks were big winners today as a positive...
by Big Wave Trader | Jan 13, 2011
Bernanke panel spooks the market, but its about price and volume action as stocks consolidate gains A disapointing jobless claim figures helped send stocks lower for the day, but it was late afternoon selling knocking stocks off the highs. Initially, the market was...
by Big Wave Trader | Jan 4, 2011
Today might have been a technical distribution day but there was definitely nothing scary about today. The market came no where close to finishing near the lows and the rally that came around 1pm to the EOD helped give the indexes a nice tail which actually suggest...
by Big Wave Trader | Jan 3, 2011
While MarketSpeculator/BigWaveTrader is on vacation on my stomping grounds of Maui, I will fill in with some brief comments, until he returns. — Josh Hayes The market had a very strong session today and despite finishing off the highs overall it was a great day....
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...
by Big Wave Trader | Dec 21, 2010
Trade falls as stocks rise hitting new 52 week highs. The big story of the day was the S&P 500 regaining the same level when Lehman Brothers collapsed. It is hard to believe it has taken over two years to recapture the same levels, but it has been the Federal...
