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...
by Big Wave Trader | Mar 12, 2015
Today was a light day for economic data and futures pointed to a higher open. After yesterday’s 300 point drop in the Dow it would be important selling would not accelerate. Once again weakness in the Euro and Yen was in focus. The Dollar index crept towards...
by Big Wave Trader | Mar 10, 2015
Sellers woke up from the weekend and hit the market hard today with volume soaring along with the US Dollar. The Dow Jones Industrial average fell more than 300 points leading all indexes lower with the Russell 2000 holding up the best. Biotech stocks held up...
by Big Wave Trader | Mar 10, 2015
Despite a seemingly solid jobs report sellers took to the market slamming it hard. Volume was up big on Friday as sellers were eager to dump stock. Today’s session was complete opposite where selling did not follow through and volume slumped. AAPL had a big day as...
by Big Wave Trader | Mar 8, 2015
The Big Wave Trading Portfolio remains under a BUY signal in every major market index except the NYSE. The NYSE model switched from a BUY signal to a NEUTRAL signal following Friday’s sell off on heavier volume. All of the other models remain under a BUY signal...
