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...
by Big Wave Trader | Dec 23, 2014
For the fourth straight day the market saw higher prices as global worries have faded. Despite a big drop in existing home sales the market trucked higher. Volume was below average, but given it is a holiday week it is not a surprise to see volume lower. Aside from...
by Big Wave Trader | Dec 21, 2014
We are back to being fully invested, following the huge amount of actionable signals we received in high quality stocks the past three sessions. It was quadruple witching on the stock exchanges but lately option expiration signals have been working so these signals...
