The Market Stages A Comeback as Volume Climbs
February 26, 2010 | Comments Off
Stocks managed to stage an impressive rebound after the market took a dive as jobless claims rose dramatically. Stocks were sent lower during the morning session as volume swelled. Much of the selling action was done in panic fashion. Fear indicators also jumped as sellers dominated trading for much of the day. Buyers were able [...]
The Market Stages A Comeback as Volume Climbs
Our Longs Hitting New Highs Today
February 25, 2010 | Comments Off
Our MPET up 47% since 9/3/09, AEZ up 41% since 12/1/09, MHR up 154% since 8/21/09, PCYC up 45% since 1/27/10, and CAMT up 70% since 12/22/09.
Our Longs Hitting New Highs Today
How Disciplined Investing Is Paying Off For BigWaveTrading Subscribers
February 24, 2010 | Comments Off
Since we do not have any new longs or shorts tonight, I thought it would be nice to share some thoughts about the current market with everyone:
Well if today was not a perfect example of disciplined trading I sure don’t know what else would be. We did not have any new longs the past two [...]
How Disciplined Investing Is Paying Off For BigWaveTrading Subscribers
Sellers Take Over as Major Market Indicies Mark a Day of Distribution
February 24, 2010 | Comments Off
Consumer confidence hit a new low, a low not seen since the early 1980s, sending stocks lower on heavy volume. Heavy volume declines without support are not a positive signal for stock market bulls. Volume swellled as consumers were not confident in the coming months about the economy. Some 20% of Americans are underemployed and [...]
Sellers Take Over as Major Market Indicies Mark a Day of Distribution
Member jboone
February 23, 2010 | Comments Off
We have been trying to respond to your inquiry but all attempts to email you are getting returned, your email account is not working properly. We will quickly resolve your problem if you can email admin@bigwavetrading.com with a return email address that works.
Lighter Trade Dominates as Stocks Mull over Bernanke’s Testimony
February 22, 2010 | Comments Off
Stocks closed lower as the market rested on lower volume. Friday’s volume got a boost by options expiry so lighter volume today was not a surprise. However, it was nice to see stocks pull back in gentle fashion rather a sharp decline. Bernanke’s testimony has given pause to traders as fears of a rate hike [...]
Lighter Trade Dominates as Stocks Mull over Bernanke’s Testimony
The Fed Spoils Price Advance by Raising the Discount Rate
February 19, 2010 | Comments Off
The biggest story of the day was not the market action but the action by the Federal Reserve by raising the discount rate. Stocks advanced once again as volume declined in size on the NYSE while the NASDAQ finished just under yesterday’s level. However, the focus is now on what the Fed’s move in the [...]
The Fed Spoils Price Advance by Raising the Discount Rate
NASDAQ Closes Just off its Highs as Volume Jumps
February 18, 2010 | Comments Off
Another solid price performance for the NASDAQ as volume came in higher. Over on the New York Stock Exchange volume began higher, but at the end of the day traders simply didn’t were not there to push volume higher. Both exchanges saw a huge surge of volume at the open as stocks gapped higher, but [...]
NASDAQ Closes Just off its Highs as Volume Jumps
Stocks Post Gains as Traders Suffer from a Long Weekend Hangover
February 17, 2010 | Comments Off
Stocks rose with volume falling across the board as traders got back from a long weekend. It appears institutions weren’t interested in piling into stocks on Tuesday even as a government report should net inflows from foreign investors jumped more than expected. Price action was once again, solid from the start and finished strong as [...]
Stocks Post Gains as Traders Suffer from a Long Weekend Hangover
Stocks End Just Off their Highs as Volume Jumps
February 12, 2010 | Comments Off
Another day of accumulation, but the market wasn’t ready to follow-through. The big story of the day was Iran announcing it was able to enrich uranium. Stocks initially sold off on the news as volume was lighter than Wednesday. Once again selling dried up and stocks began to stage a strong rebound. The market, however, [...]
