by Big Wave Trader | Mar 16, 2010
The Federal Reserve will keep the flood gates open and the market cheers as stocks hit new 52 week highs. Volume rose on the day as investors and institutions were happy with the Federal Reserves action. As we have seen in this market, we have a strong uptrend with...
by Big Wave Trader | Mar 15, 2010
Sunday night traders were spooked, even a few here at Big Wave Trading about a warning issued by Moody’s about AAA rated countries. On cue, future traders plunged futures, but by Monday morning they had forgiven many of the losses seen prior to Monday’s...
by Big Wave Trader | Mar 15, 2010
Before the opening bell: [22:17:51] xxxxxx: futures getting hit a bit [22:18:15] xxxxxx: i bet the market get hit today [22:18:20] xxxxxx: well i meant on monday [22:19:39] xxxxxx: yeah i think ur right. even the last few days internally it hasnt felt that strong....
by Big Wave Trader | Mar 15, 2010
stock ticker – % return – date of purchase RDWR 99% 8/12/09 MPET 96% 9/8/09 SNS 79% 7/13/09 SALM 75% 10/8/09 XRTX 71% 9/30/09 LCUT 69% 11/2/09 RURL 68% 7/31/09 MERC 56% 2/10/10 WBMD 50% 6/18/09 NTGR 35% 11/11/09 PCYC 34% 1/27/10 WBSN 26% 2/4/10 JOEZ 21%...
by Big Wave Trader | Mar 11, 2010
A last hour surge puts stocks in the green as volume slips lower. Jobless claims came in lower than expectations, but failed to inspire the bulls. Trading was tame throughout much of the day as volume was well below Wednesday’s level. There wasn’t much excitement...
by Big Wave Trader | Mar 10, 2010
The Dow Jones Industrial average lags as the NASDAQ and Russell 2000 continue their dominance. Lagging the NASDAQ and Russell 2000, the Dow Jones Industrial average continues to be a weak spot in the market. Today was no exception, but volume on the NYSE jumped. ...