March 19, 2010 | Comments Off
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 was a dull one with light volume the [...]
March Madness Keeps Traders Attention as Stocks Closed Mixed on Lower Volume
March 18, 2010 | Comments Off
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 if we had a 15% or [...]
More Highs as Volume Creeps Higher
March 18, 2010 | Comments Off
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
Top Current Holdings In My Portfolio That Closed Higher On Thursday
March 17, 2010 | Comments Off
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 many leaders continuing to act very [...]
Indexes Hit New Highs as Volume Grows
March 17, 2010 | Comments Off
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% [...]
Top Current Holdings In My Portfolio/BigWaveTrading That Closed For A Gain On Wednesday
March 16, 2010 | Comments Off
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 insult to injury Google stated they are 99% [...]
Indexes Stage Late Day Rally to Lift Stocks
March 15, 2010 | Comments Off
stock ticker – % return – date of purchase
RDWR 99% 8/12/09
MPET 96% 9/8/09
SNS 79% 7/13/09
SALM 75% 10/8/09
XRTX 71% 9/30/09
LCUT 69% 11/2/09
RURL 68% 7/31/09
MERC 56% 2/10/10
WBMD 50% 6/18/09
NTGR 35% 11/11/09
PCYC 34% 1/27/10
WBSN 26% 2/4/10
JOEZ 21% 3/9/10
SABA 16% 1/4/10
NEWP 15% 2/11/10
PVD 10% 12/10/09
A reminder for non-subscribers is that we ALWAYS cut our losses fast at BigWaveTrading. We [...]
Forgot To Post This, This Weekend. Top Stocks We Are Holding That Closed For A Gain On Friday.
March 15, 2010 | Comments Off
Before the opening bell:
[22:17:51] xxxxxx: futures getting hit a bit
[22:18:15] xxxxxx: i bet the market get hit today
[22:18:20] xxxxxx: well i meant on monday
[22:19:39] xxxxxx: yeah i think ur right. even the last few days internally it hasnt felt that strong. feels like a pullbacck and rest is needed.
[22:20:33] xxxxxx: also the goog [...]
An Early Morning Conversation And A Late Night Conversation in BigWaveTrading’s Chat Room
March 12, 2010 | Comments Off
A last hour surge puts stocks in the green as volume slips lower. Jobless claims came in lower than expectations, but failed to inspire the bulls. Trading was tame throughout much of the day as volume was well below Wednesday’s level. There wasn’t much excitement in today’s trading session; stocks were pulling back in ultra [...]
Just Another Positive Day, but Volume Slips
March 11, 2010 | Comments Off
The Dow Jones Industrial average lags as the NASDAQ and Russell 2000 continue their dominance. Lagging the NASDAQ and Russell 2000, the Dow Jones Industrial average continues to be a weak spot in the market. Today was no exception, but volume on the NYSE jumped. Pushed by trading in Citigroup and AIG volume rose on [...]