by Big Wave Trader | Oct 26, 2014 |
Despite the V-shaped straight-up lower volume rip higher by the overall market the past week, our market models remain under a NEUTRAL condition across the board. This includes the Nasdaq and Nasdaq 100 which retook their downtrending 50 day moving averages. This...
by Big Wave Trader | Oct 18, 2014 |
Day three of a rally attempt is under the belt and now we are on the look out for a Follow-Through Day. Friday was not a FTD based on two conditions: lower volume than the session before and a weak overall intraday session following the gap higher. True FTD are strong...
by Big Wave Trader | Oct 12, 2014
The Big Wave Trading Portfolio model is under a major SELL signal on all market indexes. The model switched from SELL to NEUTRAL back to SELL this week as the insane volatility of the tape and the strong support at 2014 lows appeared to signal in a potential bounce in...
by Big Wave Trader | Oct 5, 2014
The Big Wave Trading model remains on an overall SELL signal across the board. That being said, we have become oversold on our short term daily oscillators and we expect this bounce to continue. Therefore, our model is ready to switch back to a NEUTRAL operational...
by Big Wave Trader | Sep 28, 2014
The Big Wave Trading Portfolio is operating under a SELL signal. However, do not let the term SELL fool you. Big Wave Trading as a whole is not bearish on the stock market just yet. Our model is simply on an operational SELL signal taking into account all of the heavy...
by Big Wave Trader | Sep 21, 2014
The Big Wave Trading models have undergone some near term volatility in operation signals in a few indexes but remained the same in a few others. The SP-500, Nasdaq 100, and DJIA switching back to operational BUY signals with each index hitting new 52-week highs....
