by Big Wave Trader | Jun 30, 2015
After yesterday’s selling there was some hope a Greek deal could be had by the end of the day. Stocks were higher across the board with the NASDAQ leading the charge. Blame will solely be placed at the feet of the Greek politicians if this market rolls over. However,...
by Big Wave Trader | Jun 29, 2015
Over the weekend news of Greeks queuing for ATMs certainly has caused market participants to think again when it comes to the Greek situation. Sellers took to the market selling stock as technology stocks led the declines. US treasuries are where many risk adverse...
by Big Wave Trader | Jun 28, 2015
The Big Wave Trading models received no signal switches the past week, despite the weak price action. The Nasdaq and Russell 200 remain under clear uptrends and thus remain under operational BUY signals. The DJIA, SPX, and NYA are still going nowhere overall and...
by Big Wave Trader | Jun 25, 2015
Early morning gains were erased despite Obamacare receiving a favorable ruling from the Supreme Court of the United States (SCOTUS). Healthcare certainly received quite a boost from the ruling with quite a few healthcare names racing higher. Preliminary volume figures...
by Big Wave Trader | Jun 25, 2015 |
Stocks fell today as volume across the board rose. Sure, fears over Greece is pretty easy to blame. However, this market has been in a steady uptrend and seeing a bout of selling is not out of the ordinary. According to IBD the distribution day count has crept higher...
by Big Wave Trader | Jun 24, 2015
Futures are lower after spending Monday and Tuesday mostly higher. No real surprise we would see this market pull back somewhat. Here is what we are watching intraday: 3 Weeks Tight: DGII EQIX SKX VMC LAD MLM PLAB MSCC NVR CAVM DAC Potential Longs: WATT DXM YOD MEET...
