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...
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...
