by Big Wave Trader | Apr 30, 2015
Not a surprise to see first quarter GDP disappoint as stocks are unable to find their way higher. The Federal Reserve policy statement failed to spark enough buyers to push stocks back to positive territory. Another weak close for the entire market as we continue to...
by Big Wave Trader | Apr 29, 2015
A pop at the open was quickly erased as sellers rushed into the market pushing to the lows of the session. Case-Shiller home prices showed some decent gains helping ease some of the premarket selling in futures. The selling came fast and furious, but in this...
by Big Wave Trader | Apr 27, 2015
Early morning rise in futures and subsequent open to the market eventually caved and ushered in heavy volume selling. Markit released its PMI reading and it was slightly weaker than expected, but did not hold back the equity markets from rallying just after the...
by Big Wave Trader | Apr 26, 2015
The Big Wave Trading market models are currently mixed, following last week’s gains in the market, with the Nasdaq, Nasdaq 100, SP-500, and NYSE all under operational BUY conditions. The DJIA, DJT, and Russell 2000 remain under an operational NEUTRAL signal....
by Big Wave Trader | Apr 24, 2015
As the 3pm hour began it appeared this market was ready to rocket higher. Continuing with the trend sellers were able to push the market off their highs of the session. The market did not start of strong with weak economic data hitting the wires. However, buyers...
by Big Wave Trader | Apr 23, 2015
After a rocky start to the session the market was able to get a lift into the close. Volume was mixed on the session with volume on the NASDAQ slipped. Small cap stocks lagged on the session, but still remains well within its current uptrend. Despite the high level...