by Big Wave Trader | Oct 6, 2015
The Dow climbed higher due to DD as the company is going to split in two. Biotech once again was hit hard as sellers continue to pound the group. At one point today at the lows the NASDAQ was down more than 1% on the session. By the close, the NASDAQ was able to climb...
by Big Wave Trader | Oct 5, 2015
After a dismal jobs report Friday the market was able to confirm a new uptrend and we continued the gains today. Volume did not jump like it did on Friday, but was decent for a Monday. Biotech stocks continued to get hammered as fears over drug prices and the upcoming...
by Big Wave Trader | Oct 4, 2015
Friday’s session was an official Follow-Through Day for the overall market. Major market averages reversed some pretty significant early morning losses, off the backs of a weak jobs report, rallying the rest of the day and into the close to finish at the HOD. This...
by Big Wave Trader | Oct 2, 2015
The late day rally in stocks erased sizeable intraday losses. Even after the past 3 days of trading the market still has yet to eclipse the highs set on Monday of this week. A positive here is we have held Monday’s low for now. On the downside Europe continues...
by Big Wave Trader | Oct 1, 2015 |
While this performance is through the end of the August. Year-to-date for Big Wave Trading through September 30th is 19% in margin account and cash account is up 8%. Pretty good for this market. Here is how the Trend Following firms have performed through August! Not...
by Big Wave Trader | Oct 1, 2015
What has been a bad month for stocks we were able to go out on a high note. NASDAQ volume barely eclipsed yesterday’s volume while NYSE volume was up 6% day-over-day. Now the question will be whether or not this was a dead-cat bounce. We are quite oversold from...