by Big Wave Trader | Jan 11, 2016
There is not much to say that we have not been saying in our commentary for the past month. The leadership, breadth, and price action has been hinting that there were problems in this market since the August sell off and it became more clear following the December...
by Big Wave Trader | Dec 27, 2015
Merry Christmas and Happy Holidays everyone. There will not be an expanded weekend update this weekend, due to the Christmas holiday. All of our market models are on operational SELL signals across the board. Our current asset allocation is 60% cash, 39% long, and 1%...
by Big Wave Trader | Dec 20, 2015
Well that sure was fun wasn’t it? This past week was quite an adventure for the overall stock market and trader’s emotions as stocks broke above key moving average lines on Wednesday’s following the Fed’s rate hike in another ill-suited...
by Big Wave Trader | Dec 13, 2015
One of the worst possible setups for the general market is when a market rallies back to its old highs, sets up for a breakout, and then fails. That pattern officially played itself out over the last two weeks, following Friday’s breakdown on above average...
by Big Wave Trader | Dec 6, 2015
Well that was a fun little mini-roller coaster ride the past week. Due to the market’s volatility this past week, our operational models switched from BUY back to NEUTRAL. 2014 and 2015 continue the theme of volatile choppy trading that is causing our models to...
by Big Wave Trader | Nov 29, 2015
Aloha everyone. I hope you all had a wonderful Thanksgiving holiday weekend. As we head into the new week, the overall market appears to be on some solid footing, with all the major market indexes trending higher off their October lows. Our market models remain mixed...
