by Big Wave Trader | Apr 7, 2013
The Big Wave Trading Portfolio remains under a BUY signal produced on 3/5/13. The only change to the model is that the Russell 2000 has switched to a NEUTRAL signal. Overall, all other market indexes remain under a BUY signal. There are individual items weighing on...
by Big Wave Trader | Mar 31, 2013
The Big Wave Trading Portfolio remains under a BUY signal re-triggered on 3/5/13 following the original signal on 1/2/13. There are currently zero conditions weighing on the model, despite the below average volume. Any assumptions and presumptions we have towards the...
by Big Wave Trader | Mar 24, 2013
The Big Wave Trading Portfolio remains under a BUY signal, as the market consolidated recent gains the past week. Volume was lower overall for the week and that is always bullish for a continuation of a trend. Unfortunately, when the market rallies it rallies on below...
by Big Wave Trader | Mar 17, 2013
The Big Wave Trading Portfolio remains under a BUY signal that was reinitiated on 3/5/13 following a quick, yet ugly, pullback. However, while we are under a BUY signal we are very cautious up in these stratospheric levels in relation to the major market indexes...
by Big Wave Trader | Mar 10, 2013 |
The Big Wave Trading Model switched back to a BUY mode on 3/5/13 following a switch to a NEUTRAL mode on 2/25/13. The switch to NEUTRAL on 2/25/13 in our analysis of over 130 years of stock market history should have not switched back to BUY mode so quickly. The price...
by Big Wave Trader | Mar 3, 2013
The Big Wave Trading Portfolio model switched to a NEUTRAL signal on 2/25/13. The switch from the BUY signal to NEUTRAL signal occurred due to the overall market having two volatile selloffs in less than a five day period. The model did not switch to a SELL signal due...