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...
by Big Wave Trader | Dec 29, 2014 |
Holiday trade continues to be on the light side as buyers push markets higher. For the seventh straight day we have seen the market close out the day with gains. Turmoil in Greece continues to heat up with fears over a “Grexit” continue to bubble up. Yet, even with...
by Big Wave Trader | Dec 28, 2014
Happy holidays from Maui, everyone. We are going to keep this weekends wrap short and sweet as we are in the middle of the seasonally bullish holiday period and everything is going as planned. Our overall market models remain under an across the board operational BUY...
by Big Wave Trader | Dec 25, 2014
An afternoon bout of selling dampened the day as gains were wiped out by the close. A quiet session as stocks rose slowly for much of the day. It wasn’t until the close to where we saw a big seller whack the market lower. Crude prices fell on the session back to a...
by Big Wave Trader | Dec 24, 2014
Futures received a jolt after third quarter GDP was revised higher to 5%. A slew of other economic data was released in front of tomorrow’s holiday shortened session. Durable goods and new home sales disappointed as the University of Michigan sentiment index...
