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...
by Big Wave Trader | Sep 29, 2015
Another disappointing session for stocks. While the S&P 500 and Dow finished higher they were off their highs. Small caps and Nasdaq continued their weak action. At this point it is not worth trying to force anything in this market. Cash remains King. Yesterday...
by Big Wave Trader | Sep 28, 2015
A very damning day for the stock market as sellers continue to dominate. We have been quit clear our view of this market and we continue to see the weakness play out day after day. There are not many stocks looking good after today’s session. This leads us to...