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...
by Big Wave Trader | May 11, 2015
It appeared as if we have begun summer trading with light volume and boring trading session. There were pockets of excitement, but overall it was relatively quiet trading session. Energy was a big draw on the market overall with Utilities sluggish as well. Crude...
by Big Wave Trader | May 10, 2015
The Big Wave Trading models remain under a system wide operational NEUTRAL condition following the strong move on Friday. While our models have done some minor switching the past 2 1/2 months our overall bias continues to be extremely neutral. The neutral bias is due...
