by Big Wave Trader | Jul 12, 2015
The Big Wave Trading portfolio models are under a mixed set of conditions with the COMPQ, NDX, and RUT under operational NEUTRAL conditions and the SPX, NYA, DJIA, and DJT under operational SELL conditions. Despite the NEUTRAL/SELL conditions, the Big Wave Trading...
by Big Wave Trader | Jul 10, 2015
Early morning futures were higher as global stocks rebounded. Shanghai shares were able to find their footing, but with nearly 50% of shares halted it is hard to tell whether or not this is real. Volume fell across the board as summer trade sets in. The end of the...
by Big Wave Trader | Jul 9, 2015
An eventful day as we had the NYSE halted for 3.5 hours and the Federal Reserve meeting minutes. At least for a while Greece and Chinese stocks took a back seat. Volume was considerably lower on the NYSE, but the reason is pretty obvious. NASDAQ volume was light on...
by Big Wave Trader | Jul 8, 2015
Early morning selling was quickly erased when news wires caught a headline Greece was coming back to the table with its creditors. Whether or not a deal comes to fruition is anyone’s guess. However, we cannot argue with a big price reversal with volume behind it....
by Big Wave Trader | Jul 7, 2015
Greece has certainly let its voice be heard Vis a vie its referendum vote on Sunday evening. Futures took a large hit Sunday night and recovered a bit throughout the morning. Buying picked up just after the morning bell struck. Closing the gap created by the Greece...
by Big Wave Trader | Jul 5, 2015
The Big Wave Trading models are under an across the board operational NEUTRAL/SELL condition following the sell off on 6/29 on very strong volume. The NYSE and DJT are under an operational SELL signal while every other major market average is under an operational...
