by Big Wave Trader | Oct 13, 2010
Current uptrend logs another day of accumulation Late day selling dampened the mood, but an overall positive day in the markets. Volume jumped across the board as the market mostly cheered about positive earnings reports and tepid inflation readings. Import prices...
by Big Wave Trader | Oct 12, 2010
The market responds positively to the Federal Reserve’s meeting minutes The story of the day was the Federal Reserve meeting minutes and the action in the early going highlighted the importance of the minutes. Stocks fell in early trading after a lower than...
by Big Wave Trader | Oct 11, 2010
Stocks close flat as holiday trading leaves volume on the light side Holiday trading dominated today’s market with volume coming in very light as stocks closed flat. Much of the talk on the street surrounded another round of QE by the Federal Reserve Bank. The...
by Big Wave Trader | Oct 9, 2010
Long 50 stocks that make up 95% of my capital (5% cash) after Monday’s opening bell. top holdings: ticker symbol – total returns – date of purchase LCUT 135% 11/2/09 JKS 111% 7/13/10 LGL 58% 9/8/10 RES 52% 7/13/10 MIPS 49% 8/20/10 CHTP 35% 9/3/10 JOBS 34% 8/16/10 ISLN...
by Big Wave Trader | Oct 7, 2010
It is that time of the month, Friday we get the always anticipated Jobs Report An unexpected drop in jobless-claims helped out the market in the early going. However, when same store sales figures disappointed sellers took to the market sending stocks to their lows...