by Big Wave Trader | Aug 10, 2009
SIDENOTE: THERE IS A TROPICAL STORM HITTING HAWAII (OAHU, MAUI, KAUAI, MOLOKAI, LANAI, BIG ISLAND) THAT WAS HURRICANE FELICIA AND IT IS ALWAYS POSSIBLE THAT THE RAIN OR WIND WILL KNOCK OUT POWER. IF BY SOME CHANCE POWER IS KNOCKED OUT YOU WILL NOT SEE THE NEW...
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...
