COMMENTARY
NASDAQ Skirts Distribution; S&P 500 and Dow aren't so Lucky
A drop in new home sales ruined the mood of the bulls, but the morning lows were able to find buyers. Today's action can be classified as an inside day, a bullish indication. Although the NYSE indexes notched a distribution day it was minor at best. The NASDAQ was...
I Posted This On Seeking Alpha Back In September; Take A Look At It And Think About How This Market Has Acted Since All That Top Calling Then
Posted in September 2009 on Seeking Alpha.
Volume Kicks in as Stocks Rise for the Second Day in a Row
A boost from home sales figures helped kick start the bulls in early morning trading. Volume was running lower and trading was quite choppy as bulls and bears fought over their positions. However, it wouldn't last as bulls took control once again pushing the stocks...
What Healthcare Bill? Stocks Shrug off Bearish Talk Finish Higher
The weekend talk about a market correction was just that, talk. Futures were spooked by the passage of President Obama's Healthcare bill and what it would mean to companies in the US. However, support was apparent from the start and stocks were able to fight off the...
March Madness Keeps Traders Attention as Stocks Closed Mixed on Lower Volume
A slew of economic reports prior to the market open failed to inspire traders prior to the beginning of March Madness. There are a few traders who continue to believe this market is "mad" because of the move off the low. Regardless of your opinion today's session...
Top Current Holdings In My Portfolio That Closed Higher On Thursday
Ticker symbol - % return - Date of purchase RDWR 115% 8/12/09 LCUT 92% 11/2/09 SNS 86% 7/13/09 AEZ 80% 12/1/09 PCYC 46% 1/27/10 DSGX 43% 8/27/09 WBSN 25% 2/3/10 SABA 20% 1/4/10 NEWP 16% 2/11/10 SFLY 14% 2/3/10
More Highs as Volume Creeps Higher
The market continues to shake off the bearish talk on the market and continues to move higher with volume support. Many are complaining about low volume, but at the end of the day you simply need to compare the volume from the prior day. We'd have a better uptrend...
Top Current Holdings In My Portfolio/BigWaveTrading That Closed For A Gain On Wednesday
Stock - Total percent return - Date of purchase: MHR 161% 8/21/09 RDWR 112% 8/12/09 LCUT 86% 11/2/09 MPET 86% 9/8/09 SNS 84% 7/13/09 AEZ 78% 12/1/09 CAMT 76% 12/21/09 MERC 68% 2/10/10 SALM 67% 10/8/09 RURL 62% 7/31/09 WBMD 53% 6/18/09 DSGX 41% 8/27/09 NTGR 34%...
Indexes Hit New Highs as Volume Grows
The Federal Reserve will keep the flood gates open and the market cheers as stocks hit new 52 week highs. Volume rose on the day as investors and institutions were happy with the Federal Reserves action. As we have seen in this market, we have a strong uptrend with...
Indexes Stage Late Day Rally to Lift Stocks
Sunday night traders were spooked, even a few here at Big Wave Trading about a warning issued by Moody's about AAA rated countries. On cue, future traders plunged futures, but by Monday morning they had forgiven many of the losses seen prior to Monday's open. To add...
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