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2009
You are browsing the archive for 2009.
Winning Streak Ends for Gains while Volume Subsides
A very nice day for bulls as stocks pull back in light volume taking a breather from 6 days worth of gains. Many leading stocks pulled back in light volume and displayed healthy action. This uptrend continues to be on track and appears to be gearing up for more gains.
Stocks Avoid Holiday Hangover End Higher
Stock rise again as traders feel the joy of hints at better than expected retail sales. Holiday volume took over once again, but it is not unexpected as many traders are taking vacation. The uptrend continues and it continues to be strong.
Low Volume Continues as Stocks Continue to Rise
Trader’s once again ignored bad economic data as new home sales plunged 11.3%. Initially, the market did see selling as traders reacted to the terrible housing data. Slowly but surely stocks began to creep higher and eventually hitting into new high territory. Small caps again out-shined all gaining more than 1% on the day while [...]
A Late Day Push Sends Stocks into the Green
By BigWave_Trader on December 31, 2009
The last Market Commentary prior to the New Year, Happy New Year. We wish all of you a prosperous and joyful new year. A quick look back at 2009, we saw the market appear to crater into oblivion and a historic rally. All in one year and we were certainly on top of the market. [...]
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