by Big Wave Trader | Aug 13, 2015
All appeared well until the final hour of trading. Retail sales kicked off the morning with month-over-month figures coming in-line expectations. Crude oil continues to sink to multi-year lows and there is no end in sight. This market simply could not follow-up...
by Big Wave Trader | Aug 6, 2015
A weakier than expected ADP report pushed futures higher prior to the open. Weak data is perceived as a positive as the Federal Reserve is data dependent. Any possibility the Fed pushes out hiking rates will be seen as a positive. DIS shares were lower as the company...
by Big Wave Trader | Aug 4, 2015
A barrage of economic data cross the wires this morning helping push futures higher at the open. Seasonality continues to prop up economic data, but the market simply has either moved past or continues to ignore lackluster data. Today’s market saw its ups and downs....
by Big Wave Trader | Jul 16, 2015
The market could not hit its first 5 day rally of the year as sellers took to the market by the end of the session. Volume was mixed on the session as BAC helped boost turnover on the NYSE. Biotech remained on a tear as IBB hit another all-time high. Today was a...
by Big Wave Trader | Jun 17, 2015
Futures are lower, but well off their lows. My bias is to the upside for the market. I think the EU flinches. 3 Weeks Tight: SBUX MLM SCI VMC MSCC PLAB HCKT GIG DGII NVR NCOM DAC Potential Longs: AXPW AMCN PPCH TPIV VUZI Potential Shorts: NUGN JIDG We’ll see you...
