by Big Wave Trader | Jun 14, 2015
The Big Wave Trading market directional models all remain under a mixed bag of signals with the RUT, COMPQ, and NDX under operational BUY conditions, the SPX, NYA, and DJIA under an operational NEUTRAL condition, and the DJT still under an operational SELL condition...
by Big Wave Trader | Jun 10, 2015
Stocks had a great day on Wednesday as Greek talks were said to be positive. At this point we had weak price action we were bound to have a snap back rally. Volume was higher on the exchanges across the board is a good sign. Remember we have the FOMC meeting next week...
by Big Wave Trader | Jun 9, 2015
Light volume Mondays are not an outlier event, but with the price declines Monday was not the way bulls wanted to start the week. QQQs saw higher volume than Friday, as the ETF tracking the NASDAQ 100 stocks closed below its 50 day moving average. SPY on the hand had...
by Big Wave Trader | Jun 7, 2015
The Big Wave Trading directional models remain under a mixed bag of signals with the COMPQ, RUT, and NDX under operational BUY modes, the SPX, DJIA, and NYSE under operational NEUTRAL modes, and the DJT under an operational SELL mode. Despite the mixed message of the...
by Big Wave Trader | Jun 5, 2015
A tough day for stock market bulls as the market sold off as volume jumped. First quarter productivity fell more than expected falling 3.1%. Sellers had control of the market all day long. The distribution day ahead of the May jobs report is not at all that...
by Big Wave Trader | Jun 4, 2015
Small cap stocks rose once again leading all indexes while bonds were hit hard by sellers. Bonds are certainly trading like the Federal Reserve is going to hike rates soon. Global yields also rose as the ECB president spoke earlier today. Russell 2000 was the leading...
