by Big Wave Trader | Jul 17, 2015
No Commentary due to travel
by Big Wave Trader | Jul 16, 2015
The market could not hit its first 5 day rally of the year as sellers took to the market by the end of the session. Volume was mixed on the session as BAC helped boost turnover on the NYSE. Biotech remained on a tear as IBB hit another all-time high. Today was a...
by Big Wave Trader | Jul 15, 2015
Despite poor retail sales stocks bounced higher for the fourth straight session. Energy and Biotech stocks led the overall market today. Energy seems to be finding support at early 2015 lows. Biotech continues its run despite fundamentalists crying foul over earnings...
by Big Wave Trader | Jul 14, 2015
A solid session to begin the week as Greece gets a deal and the market has three new horsemen. Over the weekend Greece was taken to the woodshed approving a deal the Greek people voted down just a week ago. The market did no care whether or not it was a good deal or a...
by Big Wave Trader | Jul 12, 2015
The Big Wave Trading portfolio models are under a mixed set of conditions with the COMPQ, NDX, and RUT under operational NEUTRAL conditions and the SPX, NYA, DJIA, and DJT under operational SELL conditions. Despite the NEUTRAL/SELL conditions, the Big Wave Trading...
by Big Wave Trader | Jul 10, 2015
Early morning futures were higher as global stocks rebounded. Shanghai shares were able to find their footing, but with nearly 50% of shares halted it is hard to tell whether or not this is real. Volume fell across the board as summer trade sets in. The end of the...