by Big Wave Trader | Sep 12, 2015
Friday’s session was definitely lackluster with not much excitement. That being said, the gains on the session were pretty solid and a very bullish close bodes well for more potential short-term price appreciation. However, before bulls get too excited, remember that...
by Big Wave Trader | Sep 11, 2015
A slow start to the session today as yesterday’s session left many gun shy. Two intraday buying sprees helped push the market to their highs of the session. Unfortunately, the market was unable to hang onto these gains. While we were able to close positive it was not...
by Big Wave Trader | Sep 10, 2015
Today’s stock market session was not what the bulls wanted to see. The delusional bull will see right past today’s heavy volume reversal, but the prudent investor knows better. While we are neither bulls nor bears today’s session certainly puts the odds heavily in...
by Big Wave Trader | Sep 8, 2015
Welcome back from a long weekend. Stocks cheered the return of the market after having Monday off. The NASDAQ was certainly excited to be back as the index soared more than 2.7% as volume jumped double digits. Volume was below its 50 day volume average. The Dow was up...
by Big Wave Trader | Sep 7, 2015 |
Happy Labor Day everyone. I hope every is having a nice long three-day weekend. The Big Wave Trading models are under SELL conditions across the board as the current bounce off the 8/24 lows continues to lack any real price or volume momentum. This is no surprise as...
by Big Wave Trader | Sep 2, 2015
It did not take long for the market to rebound from yesterday’s losses. The top sector in the S&P 500 was Information Technology followed by Industrials. Utilities were the worst performing sector with only a one basis point move higher. Volume was lower across...
