by Big Wave Trader | Jun 25, 2015 |
Stocks fell today as volume across the board rose. Sure, fears over Greece is pretty easy to blame. However, this market has been in a steady uptrend and seeing a bout of selling is not out of the ordinary. According to IBD the distribution day count has crept higher...
by Big Wave Trader | Jun 24, 2015
Futures are lower after spending Monday and Tuesday mostly higher. No real surprise we would see this market pull back somewhat. Here is what we are watching intraday: 3 Weeks Tight: DGII EQIX SKX VMC LAD MLM PLAB MSCC NVR CAVM DAC Potential Longs: WATT DXM YOD MEET...
by Big Wave Trader | Jun 23, 2015
Economic data continues to be largely ignored as we did see a mix of economic data. Housing appears to have been better than expected while durable goods failed to meet expectations. Futures simply ignored the news and marched forward. Early morning gains were quickly...
by Big Wave Trader | Jun 22, 2015
At least for now Greece is not in default and sent into a death spiral. European stocks jumped the most with the German DAX jumping more than 3%. The US indexes benefited from the rise in European shares, but didn’t get the price gains. Volume was lower across the...
by Big Wave Trader | Jun 21, 2015
The Big Wave Trading Portfolio remains under a mixed bag of signals with only one change this past week. The SP-500 switched from an operational NEUTRAL condition to an operational BUY condition following the powerful move on Thursday. The SPX joined the COMPQ, NDX,...
by Big Wave Trader | Jun 19, 2015
Stocks brush aside fears over a Greek default and push higher. Those who have been following the price of leading stocks have noticed the underlying bullish nature of this market. We have been long this market and were rewarded today. Opinions simply do not matter and...
