by Big Wave Trader | May 19, 2015
A strong move in the dollar today in the face of stronger housing data helped keep a lid on the stock market moving higher. Volume on the exchanges moved higher as trades get back into the groove after Monday’s light volume session. Crude oil prices were lower as...
by Big Wave Trader | May 18, 2015
Worries about rising yields and a Greek default would not hold back the stock market making gains today. Small caps led the day, but it was the S&P 500 and Dow Jones Industrial Average hitting new all-time highs. Volume was lower, but competing against an...
by Big Wave Trader | May 17, 2015
The Big Wave Trading models are under an operational BUY mode on the SP-500 and NYSE following their breakouts to new all-time highs. The Nasdaq, Nasdaq 100, DJIA, and DJT averages remain under a NEUTRAL condition. As each of these indexes break out to new highs,...
by Big Wave Trader | May 15, 2015
While futures were pushing for a higher open sellers were quick to the punch. For a moment it appeared as if the morning gains were going to be squandered. Buyers were eager enough to step in and support the market. The buying was steady throughout the rest of the...
by Big Wave Trader | May 13, 2015
Kicking off the day the market was hit with weak retail sales for the month of April. Bond yields headed lower as many thought the Federal Reserve rate hike would be pushed back. The NASDAQ was the initial beneficiary of buying at the start of the session, but would...
by Big Wave Trader | May 12, 2015
Futures were pointing to a much lower open after global bond yields were racing higher. Fears over a Federal Reserve rate hike certainly were running rampant throughout the market, but buyers were not about to go quietly in the night. Lows of the day were set very...
