by Big Wave Trader | Dec 2, 2015
Disappointing economic data would not derail the market from pushing higher. Led by the S&P 500’s 1.07% gain the market enjoyed gains across the board. Lagging behind the major indexes were small cap stocks as they continue to lag well behind the major market...
by Big Wave Trader | Nov 30, 2015
We hope everyone had a nice Thanksgiving. November closed out with selling after disappointing economic news hit newswires this morning. Most notably, the Chicago PMI fell to 48.7 (contraction) with expectations of the index at 54.0. Volume was up across the board as...
by Big Wave Trader | Nov 29, 2015
Aloha everyone. I hope you all had a wonderful Thanksgiving holiday weekend. As we head into the new week, the overall market appears to be on some solid footing, with all the major market indexes trending higher off their October lows. Our market models remain mixed...
by Big Wave Trader | Nov 23, 2015
Welcome to a holiday shortened week with a half day on Friday capping the week. The market was met with disappointing economic data as all releases missed their expectations. Buyers pushed the market higher, but were unable to sustain the higher prices. Volume was...
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 20, 2015
Small cap stocks continue to fall back further away from its large cap brethren. Volume was decidedly lower than yesterday’s level. It is always nice to get the market to take a breather after such a move like yesterday. Wednesday’s action was certainly the...