by Big Wave Trader | Dec 31, 2012
US going Cliff Diving Unless Congress can Pass a bill prior to Mid-Night Led by AAPL and the NASDAQ stocks were able to shake off opening lower closing above Friday’s high. Ending the year the S&P 500 ended with gains of 13.4%. Last year at this time AAPL was...
by Big Wave Trader | Dec 30, 2012
The Big Wave Trading Model is under a mixed bag of signals as US stock indexes are all doing something different. The Nasdaq is back to a NEUTRAL signal as it has undercut its 50 and 200 DMA. However, it is not switching to a SELL signal due to the low volume on the...
by Big Wave Trader | Dec 27, 2012
The market was headed for a big fall in the early afternoon with the VIX soaring above 20 points for the first time since July. Then news of the House of Representatives coming back to the hill on Sunday sent the robots into action pushing the market back to...
by Big Wave Trader | Dec 26, 2012
The market cannot escape the Fiscal Cliff saga, but was dealt a negative blow with US retail sales slumping. Sales were the worse since 2008 and the market did not take too kindly to the news. Stocks were able to sneak out gains at the open. Case-Shiller home prices...
by Big Wave Trader | Dec 23, 2012
After a quick trip back into the NEUTRAL zone, our models all switched to BUY on Monday the 17th. Unlike the previous BUY signal in which no action was taken, this BUY signal was actionable. The move on Monday came with strong above average volume on all four major...
