by Big Wave Trader | Mar 1, 2015
Stocks continued their strong uptrend the past week but on Friday we finally saw a day of distribution hit the entire market that suggest prices could pull in here. The pullback on Friday was to be expected as the Nasdaq was up 10 sessions in a row with the last six...
by Big Wave Trader | Feb 22, 2015 |
The Big Wave Trading portfolio is currently under an across the board operational BUY mode with no pressures weighing against this signal. Major market averages are hitting new highs with no distribution pressure, our momentum oscillators (TSV, MACD, Stochastics, and...
by Big Wave Trader | Feb 15, 2015 |
Ever since QE started in 2008 there have been very rare incidences where we could say with some confidence that the current situation looked bullish or bearish. The lack of prices responding how they normally respond to certain situations has definitely made investing...
by Big Wave Trader | Feb 8, 2015
The Big Wave Trading models are all currently under a NEUTRAL operational condition. Despite the big gains last week, there was not enough breadth and volume strength in the overall market to warrant an early switch to a BUY operational condition. The first test so...
by Big Wave Trader | Feb 2, 2015 |
Well that got ugly fast. The past five days has seen my outlook on this market drastically change. The deterioration in the Big-Cap technology related stocks and the Big-Bank stocks is beyond concerning. These stocks have put in roll over tops, H&S tops, and...
by Big Wave Trader | Jan 25, 2015
The Big Wave Trading models are under an operational BUY signal across the board following Thursday’s session where the major market indexes convincingly retook their 50 day moving averages on well above average volume. The switch on Thursday was a rare one...
