by Big Wave Trader | Jan 9, 2015 |
Just as fast as the market goes down it can go back up. The NASDAQ 100 led all indexes higher, but the Russell 2000 lagged as buyers favored large cap stocks. Volume was up across the board in a good sign institutions were willing and able to participate. All...
by Big Wave Trader | Jan 8, 2015
Today’s move does not come as a surprise after a five day slide. Whether or not this turns into a new rally is another question. A bit of good news from the economic front was the ADP private payrolls jumped more than expected. The morning part of the session...
by Big Wave Trader | Jan 7, 2015
Once again sellers had their way for much of the day pushing stocks lower for the fifth straight session. Volume was up across the board as institutions appeared to be dumping stock. Economic data continues to disappoint as expectations are being missed. However,...
by Big Wave Trader | Jan 5, 2015 |
Today’s session was witness to heavy volume selling appeard on the street today as traders and investors return from the holiday session. Energy took a beating inside the S&P 500 today falling nearly 4% on the trading session. Crude oil sliced through $50 a...
by Big Wave Trader | Jan 4, 2015 |
The Big Wave Trading Portfolios remain under a BUY signal on all major market averages. While the Santa Claus rally did not show up and we closed out 2014 and started 2015 with down days for the first time since 2008, all major market indexes are trading above their...
by Big Wave Trader | Dec 31, 2014 |
Volume remained well below average, but ticked higher on the NASDAQ giving a day of distribution for the index. The S&P 500 saw volume slip below Monday’s session as the index avoided its first day of distribution since early December. Holiday trade continues to...
