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...
by Big Wave Trader | Jun 23, 2015
Economic data continues to be largely ignored as we did see a mix of economic data. Housing appears to have been better than expected while durable goods failed to meet expectations. Futures simply ignored the news and marched forward. Early morning gains were quickly...
by Big Wave Trader | Jun 22, 2015
At least for now Greece is not in default and sent into a death spiral. European stocks jumped the most with the German DAX jumping more than 3%. The US indexes benefited from the rise in European shares, but didn’t get the price gains. Volume was lower across the...
