by Big Wave Trader | May 8, 2015
Just as IBD indicates the market is in correction mode we get a bounce in the stock market. Volume was lower across the board as institutions were not all that giddy piling into stocks. IWM saw positive price action clearing yesterday’s high. On the negative side...
by Big Wave Trader | May 7, 2015
A day after we entered into a sell mode the market continue to sell off in mixed trade. Volume ended just lower on the NYSE, but nearly 6% higher on the NASDAQ. IBD joined in on the correction mode as it flipped its model into correction mode. Leading stocks...
by Big Wave Trader | May 5, 2015
Yesterday’s light volume affair was not enough to entice buyers back into the market. The NASDAQ took the brunt of the selling lead by the larger cap stocks within the index. Over in the S&P 500 it was utilities leading the charge lower. Investors appear to be...
by Big Wave Trader | May 4, 2015
Anyone watching the market today was more than likely bored to tears. Today we witnessed a light volume trading session with very little in the way of excitement. You do get these types of days every now and again, but the key is not to force trades. A theme of...
by Big Wave Trader | May 3, 2015
Aloha everyone. The Big Wave Trading market models are currently under an across the board operational NEUTRAL condition with the Russell 2000 under an operational SELL condition. We continue to hold our long-term winning stock positions and are currently around 60%...
by Big Wave Trader | May 1, 2015
Following through on yesterday’s poor action sellers hit the market hard once again today. End-of-the-month volume pushed the market to a distribution day across the board. Today’s session knocks us back into neutral mode as this selling pressure continues to...
