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...
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...