by Big Wave Trader | Jul 20, 2015
Earnings continue to be a focus for many as gains continue to pile on for the market. End of the day selling did sour gains a bit, but we were still able to close positive. Volume was lower on the session as summer trading continues. Leading stocks continue act well...
by Big Wave Trader | Jul 19, 2015
The Big Wave Trading portfolios are still operating under different directional models with the SPX, DJIA, RUT, and NYA under NEUTRAL conditions, the DJT under a SELL condition, and the COMPQ and NDX under operational BUY conditions. Despite the mixed signals, our...
by Big Wave Trader | Jul 17, 2015
No Commentary due to travel
by Big Wave Trader | Jul 16, 2015
The market could not hit its first 5 day rally of the year as sellers took to the market by the end of the session. Volume was mixed on the session as BAC helped boost turnover on the NYSE. Biotech remained on a tear as IBB hit another all-time high. Today was a...
by Big Wave Trader | Jul 15, 2015
Despite poor retail sales stocks bounced higher for the fourth straight session. Energy and Biotech stocks led the overall market today. Energy seems to be finding support at early 2015 lows. Biotech continues its run despite fundamentalists crying foul over earnings...
by Big Wave Trader | Jul 14, 2015
A solid session to begin the week as Greece gets a deal and the market has three new horsemen. Over the weekend Greece was taken to the woodshed approving a deal the Greek people voted down just a week ago. The market did no care whether or not it was a good deal or a...