by Big Wave Trader | Sep 7, 2015 |
Happy Labor Day everyone. I hope every is having a nice long three-day weekend. The Big Wave Trading models are under SELL conditions across the board as the current bounce off the 8/24 lows continues to lack any real price or volume momentum. This is no surprise as...
by Big Wave Trader | Sep 2, 2015
It did not take long for the market to rebound from yesterday’s losses. The top sector in the S&P 500 was Information Technology followed by Industrials. Utilities were the worst performing sector with only a one basis point move higher. Volume was lower across...
by Big Wave Trader | Sep 1, 2015
Global concerns over the Chinese markets spilled over across the globe. The Dow was down nearly 500 points today and the NASDAQ off more than 140 points. Volume jumped across the board as sellers continue to punish the market. Volatility continued its move higher...
by Big Wave Trader | Sep 1, 2015
A wild month for stocks ends on a sour note. Last Monday we saw the NASDAQ drop more than 8% and the Dow fell more than 1000 points. It has been a rough month for longs and volatility has spiked. We are now faced with the weakest month for stocks: September. Today’s...
by Big Wave Trader | Aug 30, 2015
The Big Wave Trading Portfolio Models remain under an across the board operational SELL mode. The rally this past week was accompanied by lower volume on each successive day of the rally attempt and the V-shaped move straight off the lows suggest we will have to...
by Big Wave Trader | Aug 28, 2015
Thursday’s market certainly was witness to another extreme intraday session. The NASDAQ was up 115 points on the session and the Dow was up nearly 370 points. However, that was not the case just after 3pm eastern. The market was sinking to new intraday lows and was...