by Big Wave Trader | Sep 28, 2009
Monday’s session served a lesson to bears who were over anxious from last week’s pull back. The Jewish holiday Yom Kippur held back volume as many on Wall Street observed the religous holiday. It didn’t hold back price gains as traders pushed...
by Big Wave Trader | Sep 27, 2009
We had a pretty serious attack on Thursday evening that we didn’t get resolved until Friday mid-morning. Joshua has posted a bit in the forums “General Market” section. Joshua will have everything up sometime Sunday ready for the Monday market open! This attack was...
by Big Wave Trader | Sep 23, 2009 |
The headline of the day was the nasty reversal stocks put in after the Federal Reserve released its statement at 215pmEDT. From the start stocks were mostly flat and volume ran mostly lower. The initial reaction to the announcement was positive and volume started to...
by Big Wave Trader | Sep 22, 2009
Once again stocks stage another bullish day on Wall Street as the market finishes in the green. Volume throughout the day ran hot, from the start it was running higher. By noon time volume was running 15% higher on the NASDAQ over Monday’s session. However,...
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...
