by Big Wave Trader | Jul 2, 2015 |
The market is appears to be waiting on the Greek referendum on Sunday. Volume fell on the session as it appears many were ready to start the holiday weekend early. We cannot blame them one bit. Today’s action was neither favorable to the bulls or bears. Whether or not...
by Big Wave Trader | Jul 2, 2015
The first day of the third quarter started with solid gains. Greece remains a focal point for CNBC and other media outlets. Is there or isn’t there an agreement in place? The market has essentially recaptured the losses from Monday’s session and we are back where we...
by Big Wave Trader | Jun 30, 2015
After yesterday’s selling there was some hope a Greek deal could be had by the end of the day. Stocks were higher across the board with the NASDAQ leading the charge. Blame will solely be placed at the feet of the Greek politicians if this market rolls over. However,...
by Big Wave Trader | Jun 29, 2015
Over the weekend news of Greeks queuing for ATMs certainly has caused market participants to think again when it comes to the Greek situation. Sellers took to the market selling stock as technology stocks led the declines. US treasuries are where many risk adverse...
by Big Wave Trader | Jun 28, 2015
The Big Wave Trading models received no signal switches the past week, despite the weak price action. The Nasdaq and Russell 200 remain under clear uptrends and thus remain under operational BUY signals. The DJIA, SPX, and NYA are still going nowhere overall and...
by Big Wave Trader | Jun 25, 2015
Early morning gains were erased despite Obamacare receiving a favorable ruling from the Supreme Court of the United States (SCOTUS). Healthcare certainly received quite a boost from the ruling with quite a few healthcare names racing higher. Preliminary volume figures...
