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...
by Big Wave Trader | Nov 19, 2015
The guessing game continues as the latest Federal Reserve meeting minutes were released Wednesday at 2pm EST. This market continues to rebound after last week’s selling. It is intriguing the market was selling off all week long ahead of the attacks in Paris just a...
by Big Wave Trader | Nov 18, 2015
A sluggish start for stocks did not last too long as buyers began to pour into the market. Unfortunately for longs buyers did not stay around long enough to hold the intraday gains. Volume was up across the board with NYSE volume up more than 17%. NASDAQ volume was...
by Big Wave Trader | Nov 17, 2015
After the events in Paris this market could have easily headed lower on fears of more attacks. There were plenty of stocks sporting big volume bars today despite overall volume light compared against Friday’s level. The market at the open did hit daily extreme...
by Big Wave Trader | Nov 15, 2015
This past week was a rough week for most of us here at Big Wave Trading as an orderly pullback turned into some nasty distribution at an extremely rapid pace. However, in light of the tragedy that unfolded in France on Friday, everything is obviously relative. That...