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...
by Big Wave Trader | Dec 19, 2014 |
Early morning futures were screaming higher on the back of the global rally. The rally stayed strong throughout the session and kicked into overdrive during the final hour of trading. Volume ended lower across the board, but remained above average. During the final...
by Big Wave Trader | Dec 17, 2014
Stocks rally hard as the FOMC vows to continue to keep rates low for a considerable amount of time. The market brushed aside fears over a default in High Yield land and even Russia for a day. Market pundits focused in on the Fed and what their decision would mean for...
by Big Wave Trader | Dec 16, 2014
As crude continues to fall worries over high yield debt are not working their way into Russia. Overnight the Russian Central Bank raised rates to stem the flow away from the Russian markets. Futures were all over the place prior to the market open, but as the opened...
by Big Wave Trader | Dec 15, 2014
A short-lived rally in crude during the morning session helped boost stocks. However, a worse than expected NAHB Housing report appeared to be the catalyst for the selling across the board. Crude oil once again was lower pushing to a $55 handle. Pressure on high...
