There Sure Is A Lot Bullishness Out There After Today’s Huge Lame Bounce; Real Bottoms Come With Volume, Unlike What Cramer Tells You (How Often Is He Wrong?)
March 18, 2008 | Leave a Comment
It was another incredible day in the stock market as this time major market indexes rallied higher anywhere from 3.5% on the DJIA to 4.4% on the IBD 85-85. These gains were incredibly impressive and once again had the DJIA up over 400 points at 420.41. However, after you get past the % gains in the indexes today there really isn’t a whole lot to get too excited about.
DJIA Leads The Way As BSC Rocks The Stock Market On Mixed Volume; How Can This Be A Bottom Without A HUGE Surge In Volume On the Nasdaq And NYSE? It Can’t Be!
March 17, 2008 | 7 Comments
Please Note: Starting next week this free daily commentary will only be available at BigWaveTrading.net so be sure to check out the new FREE site sponsored by BigWaveTrading.com where Joshua Hayes and Market Speculator will be regularly posting some additional commentary about the markets.
BSC Blowup Proves A Chronic Emailer Wrong And, Once Again, Proves The Power Of CANSLIM; Stock Market Indexes Selloff On Mixed Volume But Hold Recent Lows
March 14, 2008 | 17 Comments
Please Note: Starting next week this free weekly commentary will only be available at BigWaveTrading.net so be sure to check out the new FREE site sponsored by BigWaveTrading.com where Joshua Hayes and Market Speculator will be regularly posting some additional commentary about the markets.
Today was another day in the stock market that has just gone to prove that cash is in fact king. When you try to play a stock market with a heavy hand or even on margin in an environment like this you either have a serious illness or you just have never taken the time to study history and to have learned that the smartest thing to do is NOTHING. A stock market that is this volatile that has THIS MANY BLOWUP is definitely not a stock market you want to be messing with. Read more
Time To Look For A Follow-Through Day, After Today’s Bullish Reversal Off The Morning Lows; Metal Ore/Gold/Silver And Select Oil&Gas Stocks Are Our Leaders
March 13, 2008 | Leave a Comment
Powerful Early Rally Gets Smacked Down Hard In The Final Hour, As Stock Indexes Reversed Hard On Lower Volume; Calling A Bottom Here Proves To The Real Professionals Who The Amateurs Really Are
March 12, 2008 | 5 Comments
Incredible Fed-Induced Rally Ends With Stock Indexes Closing At The HOD On Higher Volume; Remember, The Most Powerful Rallies Always Come In Bear Markets
March 11, 2008 | 10 Comments
There is no other way to describe today as rally other than “incredible.” But even though we can say today’s rally was incredible, is anyone surprised, after telling you that the market was extremely oversold and we could get a bounce as the put/call is at 1.41 which is extremely high? You really can’t say you are, since I have hinted that this was coming.
Stocks Breakdown Through The Recent Trading Range, Making For One Ugly Day; The Very Evil Eliot Spitzer Gets What All Hypocrits Deserve!
March 10, 2008 | 5 Comments
Stocks Selloff On Higher Volume, Helping Send Some Indexes To New 52-Week Closing Lows
March 7, 2008 | 11 Comments
Stocks sold off yet again but this time it did so on higher volume which is helping make my point that selling can start off slowly and pickup as it sells off. If you look at the downtrend since last February, you can see that this is the case now as it has been in the past with other market selloffs.
When A Market Acts Like This After Giving You A Few Nice Longs It Is Very Bearish; Stocks Selloff On Lighter Volume, Sending Some Indexes To New Closing 52-Week Lows
March 6, 2008 | 3 Comments
Another Wild Intraday Session Ends With Stocks Higher On Lower Volume; Some Very Nice Charts Are Starting To Be Created
March 5, 2008 | 6 Comments








