by Big Wave Trader | Feb 25, 2010
Our MPET up 47% since 9/3/09, AEZ up 41% since 12/1/09, MHR up 154% since 8/21/09, PCYC up 45% since 1/27/10, and CAMT up 70% since 12/22/09.
by Big Wave Trader | Feb 23, 2010
Since we do not have any new longs or shorts tonight, I thought it would be nice to share some thoughts about the current market with everyone: Well if today was not a perfect example of disciplined trading I sure don’t know what else would be. We did not have any new...
by Big Wave Trader | Feb 23, 2010
Consumer confidence hit a new low, a low not seen since the early 1980s, sending stocks lower on heavy volume. Heavy volume declines without support are not a positive signal for stock market bulls. Volume swellled as consumers were not confident in the coming...
by Big Wave Trader | Feb 23, 2010
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by Big Wave Trader | Feb 22, 2010
Stocks closed lower as the market rested on lower volume. Friday’s volume got a boost by options expiry so lighter volume today was not a surprise. However, it was nice to see stocks pull back in gentle fashion rather a sharp decline. Bernanke’s testimony has given...
by Big Wave Trader | Feb 18, 2010
The biggest story of the day was not the market action but the action by the Federal Reserve by raising the discount rate. Stocks advanced once again as volume declined in size on the NYSE while the NASDAQ finished just under yesterday’s level. However, the focus is...
