by Big Wave Trader | Feb 24, 2015
For the ninth straight session the NASDAQ closed with gains. Crude oil slipped below $50, but the market is focused on Janet Yellen’s testimony tomorrow morning on Capital Hill. The stock market has all but ignored the situation in Greece as the country looks to...
by Big Wave Trader | Feb 22, 2015 |
The Big Wave Trading portfolio is currently under an across the board operational BUY mode with no pressures weighing against this signal. Major market averages are hitting new highs with no distribution pressure, our momentum oscillators (TSV, MACD, Stochastics, and...
by Big Wave Trader | Feb 20, 2015
Greece continues to dominate the headlines and the US Stock market continues to push aside the risk. PCLN was a big driver in the NASDAQ’s move today as the index closed in positive territory for the seventh straight session. Volume dropped on the session as the...
by Big Wave Trader | Feb 18, 2015
Today’s market was able to shake off fears from Greece and what was lurking in the Federal Reserve meeting minutes. Starting the session economic data was less than desirable, but bad news typically has been good news. Greece was in the spotlight as the country was...
by Big Wave Trader | Feb 17, 2015
A light day in economic data, but most eyes were on the bailout talks between the EU and Greece. US Equity futures initially indicated a much larger move to the downside. However, by the open these losses were minimalized. Much of the session stocks traded in a...
by Big Wave Trader | Feb 15, 2015 |
Ever since QE started in 2008 there have been very rare incidences where we could say with some confidence that the current situation looked bullish or bearish. The lack of prices responding how they normally respond to certain situations has definitely made investing...