by Big Wave Trader | Aug 8, 2009
I focus a lot on the IBD indexes because these indexes consist of the highest quality stocks based on fundamental and technical data. Historically speaking, these stocks normally do MUCH better than the overall market when you are in an uptrend. This rally, since the...
by Big Wave Trader | Aug 6, 2009
The morning gap higher was quickly sold and sold hard as stocks were steadily sold off throughout most of the day. Bulls were certainly out taking profits as sellers continued the selling pressure. Volume on the NYSE was running hot along with the NASDAQ during the...
by Big Wave Trader | Aug 5, 2009
Blame it on ISM non-manufacturing index coming in below expectations but this market was overdue for a distribution day. Since this uptrend began on 7/8 we have yet to see a distribution day creep into the market. Sellers stepped up the pressure just after the...
by Big Wave Trader | Aug 4, 2009
Small caps continue their reign over larger cap stocks as small cap indicies notch very nice gains. Going against the common thought of a pull back stocks continued their march higher despite the majority calling for a pullback. Just about 2pm EDT stocks took a...
by Big Wave Trader | Aug 3, 2009
There are too many stocks to scan tonight to do a FULL market commentary. Hopefully, my #2 will be back home and ready to go to work tomorrow and then you can get back to having commentary from another perspective besides my video. I like having MarketSpeculator do...
by Big Wave Trader | Aug 1, 2009
current longs I am holding with total returns since 1st purchase making money on FRI: DAN 102% TEN 50% RINO 47% LAD 22% FIRE 94% FUQI 31% AFFX 43% PTI 46% SMED 40% CAMP 66% CHLN 95% ISLN 21% ENTR 23% OMN 67% I am still happy to see that the market is trending higher...
