by Big Wave Trader | Sep 7, 2010
More European bank worries hurt stocks as Obama’s new stimulus plan fails to spark buying The market acted like it was coming off a long weekend as volume ran lower as stocks fell. After last week’s advance it is not a surprise the market pulled back, but in a...
by Big Wave Trader | Sep 5, 2010
The stock market is under an official Follow-Through Day on the Nasdaq on Wednesday (9/1/10). 8 new longs were taken (all working) and 4 new shorts were taken (all closed out with small losses) this week. current holdings: 26 longs 2 shorts (34% long, less than 1%...
by Big Wave Trader | Sep 2, 2010 |
Another day of gains as price follows up on yesterday’s big gains, but trade slows from Wednesday’s elevated level. A series of better than expected economic reports helped boost stocks in early trade. Volume began the day lower and finished in the same...
by Big Wave Trader | Sep 1, 2010
NASDAQ confirms a new uptrend on big above average volume Today’s action was precisely the action we have been waiting for as stocks exploded higher on big volume as leaders take charge. Futures were pointing to a higher open prior to economic reports being...
