by Big Wave Trader | Jan 20, 2015
Friday’s bounce was definitely not shocking but I admit it was disappointing how strong it was. It left me cutting some stocks that I would still like to be long now. The biggest disappointment came in KITE which is a complete botch job as far as I am concerned...
by Big Wave Trader | Jan 16, 2015
A surprise move from the Swiss Central Bank today sent currencies into a frenzy. Futures traded erratically for much of the morning gyrating from positive to negative territory. Even with a positive start to the day this market simply could not hold onto gains. ...
by Big Wave Trader | Jan 14, 2015
Today’s session stayed within the new normal with another volatile session as the Dow Jones Industrial average posted another triple digit loss. Early morning futures were dealt with a blow as December retail sales were weakier than expected. However, morning buyers...
by Big Wave Trader | Jan 14, 2015
Early morning futures suggested a positive start to the day and buyers were more than willing to bid stocks higher. At its highs the Dow Jones Industrial Average was up more than 282 points on the session. Volume was running hot and it appeared as if this market was...
by Big Wave Trader | Jan 12, 2015
It did not take sellers long to kick their operations into high gear. At first glance it appeared we would get off to a great start given where futures were indicating the open. Steadily from 9am futures were moving away from their highs of the premarket session. ...
by Big Wave Trader | Jan 11, 2015 |
The Big Wave Trading Models remain under an across the board NEUTRAL condition, despite the recent retake of the 50 day moving averages by all the major market averages outside of the NYSE. The markets are basically in a double V-shaped trading range over the past two...
