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...
by Big Wave Trader | Aug 25, 2015
After an impressive open the final hour of trading saw the NASDAQ lose more than 100 points and the Dow lose more than 500 points. The selling was relentless at the close and completely shut down the morning rally after the Chinese cut lending rates. We continue to...
by Big Wave Trader | Aug 24, 2015
Overnight the markets were rocked by Chinese markets as the Shanghai crashed more than 8%. Concerns over the Chinese economy and its ripple effects were the talking heads excuse for the selling. The Dow has been in a downtrend and the S&P 500 has been able to...
