by Big Wave Trader | Mar 18, 2015
All eyes were on the Federal Reserve statement today as many were looking for the word “patient” to be removed. Ahead of the statement the market sold off and as the statement neared sellers took control. Traders were certainly fearful of what the Federal Reserve...
by Big Wave Trader | Mar 17, 2015
Mixed housing data before the opening was completely ignored. What dominated commentary was whether or not the Federal Reserve would remove the word “patient” be removed. Housing starts plummeted 17% month-over-month. Building permits were up, but housing starts...
by Big Wave Trader | Mar 17, 2015
A disappointing Empire Manufacturing figure did not sway buyers from pushing stocks higher today. The dollar took a breather from its current run as Crude Oil ended the day with a 43 handle. Volume was light, but it is typical for Monday’s to see light volume. It...
by Big Wave Trader | Mar 15, 2015
A few charts posted to Stocktwits show some promise: LOCO, NXST, and PBYI (click charts for analysis): To get updates from Stocktwits follow Josh here. For access for our premium services click here. Take your trading to the next level with Big Wave Trading. Learn...
by Big Wave Trader | Mar 15, 2015
The Big Wave Trading portfolio underwent a few changes last week. By the end of the week, our models in the Nasdaq, Nasdaq 100, and Russell 2000 remained under a BUY operational condition. The SP 500, DJIA, and DJ-Transports switched from a BUY to a NEUTRAL...
by Big Wave Trader | Mar 13, 2015
Despite disappointing economic news stocks were able to rebound in healthy volume. The S&P 500 and Dow Jones Industrial averages regained their respective 50 day moving average. It was a very good sign the market was able to retake a key moving average...
