by Big Wave Trader | Nov 16, 2009
…in force. If the small cap indexes were leading we would have a TON of more opportunities to find beautiful charts. Until they start to show back up, the bigger capped high priced stocks are the way to go. Just remember that is how the 99-00 rally ended. All...
by Big Wave Trader | Nov 16, 2009
That is go up and that is great for us that are long. However, we were much more long before the recent distribution hit the market. That is fine, if the rally does have staying power, again, we will continue to find good charts to go long. I know it can be...
by Big Wave Trader | Nov 12, 2009
Just another day in stock market land where stocks staged an intraday reversal as the US Dollar rallies. Volume rose across the board, but only slightly higher than Wednesday and still well below average. On the NASDAQ Three Come Corp provided the day with volume...
by Big Wave Trader | Nov 11, 2009
Just another day in the magical land of stocks. The market once again gapped higher only to meet a wave of selling then finding support. Volume was lower across the board and even with the S&P 500 at new highs institutional players weren’t rushing into...
by Big Wave Trader | Nov 10, 2009 |
We got a much needed day of consolidation as stocks digested the most recent gains. With the NASDAQ running more than 100 points recently it was time for the index to take a breathier. Volume ran 13% lower on the NYSE while NASDAQ volume ran slightly higher at .39%,...
by Big Wave Trader | Nov 9, 2009 |
Traders entered the day with members of the G20 stating they would continue to flood the economy with cash. Commodities, especially precious metals took charge leading out of the gate. Throughout the day buying picked up pushing stocks higher, but it was at the end...
