by Big Wave Trader | Oct 9, 2010
Long 50 stocks that make up 95% of my capital (5% cash) after Monday’s opening bell. top holdings: ticker symbol – total returns – date of purchase LCUT 135% 11/2/09 JKS 111% 7/13/10 LGL 58% 9/8/10 RES 52% 7/13/10 MIPS 49% 8/20/10 CHTP 35% 9/3/10 JOBS 34% 8/16/10 ISLN...
by Big Wave Trader | Oct 7, 2010
It is that time of the month, Friday we get the always anticipated Jobs Report An unexpected drop in jobless-claims helped out the market in the early going. However, when same store sales figures disappointed sellers took to the market sending stocks to their lows...
by Big Wave Trader | Oct 6, 2010
Just when the market signals strength the rug gets yanked out from underneath leading stocks An earnings pre announcement form EQIX stock took down an entire technology sector. Big market leaders were taken to the woodshed as investors fled cloud computing stocks in...
by Big Wave Trader | Oct 5, 2010 |
Positive Economic Data helps stocks push higher What a difference a day makes as stocks reverse Monday’s losses and zoom higher in increased trade. Volume swelled as traders piled into stocks and with a positive ISM non-manufacturing report the market had all it...
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 | Oct 1, 2010
Positive economic reports fail to spark a market rally The first kinks in the armor finally show up as positive GDP and Chicago PMI figures fail to spark buyers pushing the market higher. Traders simply couldn’t find footing after 10am EST and given the quarter end...
