by Big Wave Trader | Dec 11, 2014
Just after a tremendous rally the market returns to yesterday’s low in light trade. Crude oil continued its decline and while it is good news for consumers. On the flip side, producers of the commodity and highly levered are not in good shape. Fears are certainly...
by Big Wave Trader | Dec 10, 2014
Futures took a hit as Asian markets sold off in heavy volume. The Shanghai Composite led all decliners falling more than 5% on its highest volume ever. Hang Seng was down two percent. While not as extreme European markets were lower by 1-2% putting pressure on the...
by Big Wave Trader | Dec 8, 2014
Crude oil continued its fall today while sellers took over the stock market just before noon time. Volume was up across the board as the market notched its 3rd day of distribution in recent weeks. Another ominous sign for the markets was we got another Hindenburg...
by Big Wave Trader | Dec 6, 2014
The operational model and portfolio management at Big Wave Trading remains under a NEUTRAL to soft-BUY condition across the board. The DJIA and SPX are under BUY conditions and the rest of the major market indexes are currently under a NEUTRAL condition. The RUT, NDX,...
by Big Wave Trader | Dec 4, 2014
The broader market closed lower today ahead of tomorrow’s job report. It was a decent day for consolidation and we have yet to see many days like today. At the start, it appeared we were on our ways to new highs and beyond. However, after the German DAX reversed...
by Big Wave Trader | Dec 4, 2014
After an initial stumble just before 10 am buyers stepped up and began pushing prices back into new high territory. Once again the S&P 500 and Dow have hit new all-time highs. Volume was higher for the S&P 500 a good initial sign, but lower elsewhere. The...
