by Big Wave Trader | Jun 8, 2010
NASDAQ undercuts low, marks day one of a new rally attempt Volatility rules the day as the NASDAQ triggers a new correction while the S&P 500 and Dow Jones Industrial Average signal day one of a new attempted rally. February lows were insight for all of the...
by Big Wave Trader | Jun 7, 2010
Current rally attempt hangs on the edge Heavy volume poured into the market from the start as sellers dumped stock at the open. However, the selling dried up and the market was able to find a bit of support. On the bright side, the morning session turned around...
by Big Wave Trader | Jun 3, 2010
The NASDAQ enjoyed solid gains while the indexes on the NYSE were held back by financial stocks. Volume ended mix on the day with the NASDAQ showing another day of accumulation while the NYSE fell for the second day in a row. Small cap stocks once again were the...
by Big Wave Trader | Jun 3, 2010
ticker symbol – % return – date of purchase LONGS: LCUT 133% 11/2/09 UPI 53% 4/26/10 CTHR 17% 6/2/10 AKRX 15% 5/25/10 CURRENTLY LONG SIX STOCKS SHORTS: NOV 12% 5/11/10 EXPE 7% 5/7/10 CURRENTLY SHORT SIX...
by Big Wave Trader | Jun 2, 2010 |
The recently volatility has the market looking loose, but traders pushed stocks to the highs of the day at the close. Volume ran lower for much of the trading session until the final minutes when volume jumped to push the NASDAQ over the edge. However, on the NYSE...
by Big Wave Trader | Jun 2, 2010
This is my response to an email I received on Seeking Alpha: Hi DFT. I will post this defition of a Follow-Through Day from IBD and then go over the days in detail to explain how the follow-through day occured and then what are chances are of success: After a...
