by Big Wave Trader | Jan 11, 2010
Top returns on longs hitting new highs after Monday’s session.
by Big Wave Trader | Jan 11, 2010
There was a common theme today and that was the continued dominance by Chinese stocks. On the flip side large cap technology stocks weighed down the NASDAQ. But, the selling was subdued to lower volume showing institutions were not selling hand over fist. This is...
by Big Wave Trader | Jan 7, 2010
Another day of accumulation for the market with small cap stocks taking the lead on the day. Volume was up across the board with large cap technology stocks weighing down the NASDAQ. The S&P 500 finished the day with above average volume, showing strong...
by Big Wave Trader | Jan 6, 2010
We viewed today as a positive development in the market. Stocks simply do not move in a straight line up or down and need consolidation areas. The past two days we have been digesting price gains, quite healthy action. Volume is no doubt up from the holiday week,...
by Big Wave Trader | Jan 5, 2010 |
The market was dealt two blows with one coming in the morning and early afternoon. The first was when pending home sales figures were released at 10am showing a significant drop of 16%. Economists were expecting a nominal drop of 2%, naturally traders sold the...
by Big Wave Trader | Jan 5, 2010
Seeking Alpha stock talks.