by Big Wave Trader | Nov 22, 2015
The Big Wave Trading models remain mixed with the Nasdaq and Nasdaq 100 operating under a BUY signal and the NYSE, SP-500, DJIA, and Russell 2000 operating under a NEUTRAL signal. Despite the mixed signals, we are fully invested on the long side (with a small UVXY...
by Big Wave Trader | Nov 15, 2015
This past week was a rough week for most of us here at Big Wave Trading as an orderly pullback turned into some nasty distribution at an extremely rapid pace. However, in light of the tragedy that unfolded in France on Friday, everything is obviously relative. That...
by Big Wave Trader | Nov 7, 2015
Stock market indexes closed out the week with another solid intraday session, rallying well off the lows closing near their intraday highs. The Nasdaq managed to close at its HOD adding further confirmation that the current uptrend is on solid footing. This is why our...
by Big Wave Trader | Oct 18, 2015
The BWT models are under an across the board NEUTRAL condition. This is a cosmetic signal as we remain very fluid currently. This means that our models are prone to switching to a SELL signal at the first sign of serious distribution at resistance. As it is, all of...
by Big Wave Trader | Oct 11, 2015 |
It’s has been an impressive past 8-9 sessions for the overall stock market as stocks continued their non-stop ascent to the September highs with the DJIA convincing leading the way. The rally has been steady with a few quality names building out consolidation...
by Big Wave Trader | Oct 4, 2015
Friday’s session was an official Follow-Through Day for the overall market. Major market averages reversed some pretty significant early morning losses, off the backs of a weak jobs report, rallying the rest of the day and into the close to finish at the HOD. This...