by Big Wave Trader | Sep 21, 2009
The market was able to pull back in lighter trade coming off a positive quadruple witching Friday. Leading indicators showed a gain of .6%, but consensus estimates were for a gain of .7%. Stocks were already showing a lower open and the release of the leading...
by Big Wave Trader | Sep 20, 2009
I decided, instead of posting a market commentary, which is just basically “the trend is up, we are buying stocks, and we are staying long until this changes, I thought I would repost a comment I made to a former subscribers blog that is constantly shorting the...
by Big Wave Trader | Sep 17, 2009 |
It finally happened, stocks could not find the muster to continue their march higher. Volume was running hot during the first half of the session. Sellers stepped up and hit stocks, but volume began to ease and it continue to ease into the close. Stocks simply can...
by Big Wave Trader | Sep 16, 2009
An overload of economic data had the market rattled at the start as volitility ruled the first half hour of trading. Once the market settled it was off to the races again as leading stocks and volume raced higher. The story is repeating itself with leading stocks...
by Big Wave Trader | Sep 15, 2009
Positive news regarding retail sales and a surprise tick higher in Empire manufacturing helped set a positive tone for the market. It was another session where stocks were under heavy accumulation. Price gains weren’t overwhelming, but the amount of volume...
by Big Wave Trader | Sep 14, 2009
News a trade war between the United States and China brewed as the United States slapped new tariffs on Chinese tires. Global stocks did not act well as many sold off prior to the US exchanges began trading. As the futures indicated stocks opened lower while volume...
