by Big Wave Trader | Jul 24, 2015
Despite positive economic data stocks closed the session near lows, but it was after-hours movement that stole the show. AMZN rocketed higher after reporting better than expected results. V did as well and both were higher after-hours. Despite the after-hours session...
by Big Wave Trader | Jul 23, 2015
AAPL and MSFT weighed heavily on the market today as both fell after posting earnings Tuesday evening. Commodities fell as crude oil closed below $50 for the first time since early April. Gold too closed lower as the precious metal fell below $1100 an ounce. There is...
by Big Wave Trader | Jul 22, 2015
The Dow Jones led the market lower as earnings continue to be in focus. IBM was a big drag on the Dow along with the VZ. Volume was mixed as NYSE volume was higher due to earnings. Perhaps a little damning is how small cap stocks have been lagging the overall market....
by Big Wave Trader | Jul 21, 2015 |
It was not a good month for trend follower during the month of June. While traditional Trend Followers will make money over long periods of time they are simply having a tough year at the moment. Yes, we are trend followers. However, our methodology deals with stocks...
by Big Wave Trader | Jul 20, 2015
Earnings continue to be a focus for many as gains continue to pile on for the market. End of the day selling did sour gains a bit, but we were still able to close positive. Volume was lower on the session as summer trading continues. Leading stocks continue act well...
by Big Wave Trader | Jul 19, 2015
The Big Wave Trading portfolios are still operating under different directional models with the SPX, DJIA, RUT, and NYA under NEUTRAL conditions, the DJT under a SELL condition, and the COMPQ and NDX under operational BUY conditions. Despite the mixed signals, our...