by Big Wave Trader | Oct 30, 2016
Before I get into the overall market and my portfolio I first want to say that there is some good news and that there is some bad news. Let’s get the bad news out of the way first. Stocks continued to sell off on Friday and while volume was lower than...
by Big Wave Trader | Oct 23, 2016
Well it isn’t over until it is officially over but we have officially exited the historically seasonally worst period for returns in the stock market. Starting on Monday seasonality is back in the favor of the bulls and now all the market has to do is confirm...
by Big Wave Trader | Oct 16, 2016
On Tuesday our operational models switched to a SELL signal and as we close out another trading week we are leaving the week still under that operational SELL signal. Stocks staged a very bearish intraday reversal today basically shutting the door on the bulls who...
by Big Wave Trader | Oct 9, 2016
I went into this past week with a neutral bias and I am leaving the most recent trading week with a neutral bias. I also stated that if this market did not breakout sooner than later in this sideways consolidation that the path of least resistance would turn down....
by Big Wave Trader | Oct 2, 2016
I came into the trading week with a neutral bias and I am leaving the trading week with a neutral bias but with a little bit more hope that stocks might want to press higher in the short term. It looked like it was going to be an ugly week following Monday’s...
by Big Wave Trader | Sep 25, 2016
Stocks closed out a very bullish week with semi-moderate losses on Friday. The DJIA and RUT led the way to the downside but volume was lower across the board which means that institutional investors were not dumping stocks following the move into new high ground on...
