by Big Wave Trader | Jan 30, 2015
Today’s session did not start off very well and at a few points looked as if the December lows would no longer hold up as support. As if by magic just after 11am buyers began to pick up momentum and eventually a powerful force. Volume slipped on the NASDAQ, but on...
by Big Wave Trader | Jan 29, 2015
The market received an early boost from AAPL and YHOO, but it would not last long. All eyes were on the Federal Reserve and its policy statement. Many were expecting the normal dovish Fed waiting on raising interest rates. However, the Federal Reserve turned...
by Big Wave Trader | Jan 28, 2015
Earnings continue to pour in this morning was not a pretty sight. Monday night MSFT reporting earnings disappointing the street. The stock was down more than 7% and it continued on Tuesday. Prior to the market open CAT missed and missed badly sending the stock...
by Big Wave Trader | Jan 27, 2015
Ahead of a major winter storm hitting the Northeast of the United States stocks were able to push off the lows of the session. Greek elections were big news and late Sunday night they were negatively impacting futures. Futures would not be held down for very long...
by Big Wave Trader | Jan 25, 2015
The Big Wave Trading models are under an operational BUY signal across the board following Thursday’s session where the major market indexes convincingly retook their 50 day moving averages on well above average volume. The switch on Thursday was a rare one...
by Big Wave Trader | Jan 23, 2015
After a shaky start to the session the stock market was able to find its footing confirming a new uptrend. A solid day all around for the stock market with volume higher and solid price gains. ECB announced its QE program to the tune of 60 billion Euros a month. At...
