by Big Wave Trader | Mar 24, 2010 |
A drop in new home sales ruined the mood of the bulls, but the morning lows were able to find buyers. Today’s action can be classified as an inside day, a bullish indication. Although the NYSE indexes notched a distribution day it was minor at best. The...
by Big Wave Trader | Mar 23, 2010
A boost from home sales figures helped kick start the bulls in early morning trading. Volume was running lower and trading was quite choppy as bulls and bears fought over their positions. However, it wouldn’t last as bulls took control once again pushing the...
by Big Wave Trader | Mar 22, 2010
The weekend talk about a market correction was just that, talk. Futures were spooked by the passage of President Obama’s Healthcare bill and what it would mean to companies in the US. However, support was apparent from the start and stocks were able to fight...
by Big Wave Trader | Mar 18, 2010 |
A slew of economic reports prior to the market open failed to inspire traders prior to the beginning of March Madness. There are a few traders who continue to believe this market is “mad” because of the move off the low. Regardless of your opinion...
by Big Wave Trader | Mar 18, 2010
Ticker symbol – % return – Date of purchase RDWR 115% 8/12/09 LCUT 92% 11/2/09 SNS 86% 7/13/09 AEZ 80% 12/1/09 PCYC 46% 1/27/10 DSGX 43% 8/27/09 WBSN 25% 2/3/10 SABA 20% 1/4/10 NEWP 16% 2/11/10 SFLY 14%...
