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...
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...
