by Big Wave Trader | Sep 1, 2015
Global concerns over the Chinese markets spilled over across the globe. The Dow was down nearly 500 points today and the NASDAQ off more than 140 points. Volume jumped across the board as sellers continue to punish the market. Volatility continued its move higher...
by Big Wave Trader | Sep 1, 2015
A wild month for stocks ends on a sour note. Last Monday we saw the NASDAQ drop more than 8% and the Dow fell more than 1000 points. It has been a rough month for longs and volatility has spiked. We are now faced with the weakest month for stocks: September. Today’s...
by Big Wave Trader | Aug 30, 2015
The Big Wave Trading Portfolio Models remain under an across the board operational SELL mode. The rally this past week was accompanied by lower volume on each successive day of the rally attempt and the V-shaped move straight off the lows suggest we will have to...
by Big Wave Trader | Aug 28, 2015
Thursday’s market certainly was witness to another extreme intraday session. The NASDAQ was up 115 points on the session and the Dow was up nearly 370 points. However, that was not the case just after 3pm eastern. The market was sinking to new intraday lows and was...
by Big Wave Trader | Aug 27, 2015
After gapping to the positive side the market drifted lower for much of the morning and into the afternoon. Durable Goods headline was better than expected, but underneath the report there were a few warning flags. We did see buying interest jump just after one in the...