by Big Wave Trader | Apr 22, 2015
There was a tale of two tapes with the Dow Jones Industrial average moving lower on earnings while the NASDAQ exerts leadership. Early gains were hung onto by the NASDAQ, but the S&P 500 and Dow were unable to hang onto the gains set forth by early morning...
by Big Wave Trader | Apr 20, 2015
Friday’s session, on the face of it was troubling after fears over global issues and a Bloomberg outage. However, today’s rebound was a good sign as the selling did not follow-through. We continue to see a lack of follow-through on either side of the market here. ...
by Big Wave Trader | Apr 19, 2015
The Big Wave Trading models did a quick turnabout this past week as our NEUTRAL to BUY operational signal lasted all but a few days. Following Friday’s stock market action all of the major market indexes are now back in their trading ranges of the past 1 1/2...
by Big Wave Trader | Apr 15, 2015
Dispite mediorcre economic data the NASDAQ was finally able to hang above 5000 and close there as volume swelled across the board. The Federal Reserves Beige book release did help the market push higher, but given volume was higher across the board demonstrated...
by Big Wave Trader | Apr 14, 2015
A weakier than expected retail sales figure hit th A disappointing release from retail sesasons d market sending US stock futures lower to start the session. Sellers once again hit the market across the board. On the bright side the market was cheering earnings news...
by Big Wave Trader | Apr 14, 2015
Certainly for the first hour and a half it appeared as the stock market was ready to catapult itself higher. However, sellers had a different idea. It appears the NASDAQ is having a difficult time keeping itself above the 5000 level. Volume ended the day mixed with...
