by Big Wave Trader | Aug 1, 2014
Massive selling today pushes the Big Wave Trading market model to SELL mode. For whatever the reason sellers were in control for the entire day sending stocks lower in massive turnover. The S&P 500 dove through its 50 day moving average in massive turnover. Only...
by Big Wave Trader | Nov 25, 2013
Stocks drift aimlessly throughout the day after gapping higher in the early morning session. Pending home sales disappointed month-over-month and year-over-year helped sellers push stocks lower. Dallas Fed released its manufacturing index showing slower growth than...
by Big Wave Trader | Mar 27, 2013
Early morning economic news did help the market at the open. However a disappointing consumer confidence, Richmond Fed, and New Home sales figures did halt the enthusiasm. Europe continued to remain in no man’s land with Spain leading the market lower. If I had to...
by Big Wave Trader | Mar 26, 2013
This uptrend is hanging by a thread, but continues to find just enough support to halt any correction. It is very easy to blame the Dutch Finance Minister even after clarifying his statement. However, even after clarifying his statement the market still couldn’t find...
by Big Wave Trader | Jul 9, 2012
Coming off a holiday week stocks ended slightly in the red with volume coming in higher across the board. The Dow Jones industrial average along with the NYSE composite both notched distribution days, but the NASDAQ and S&P 500 skirted distribution. AAPL was...
