by Big Wave Trader | Oct 7, 2014
All appeared well in the world with US futures getting a boost from markets around the world. At its highs Brazil was up more than 8%. However, sellers had a different plan in store for this market. Volume ended mixed with volume on the NASDAQ exchange higher than...
by Big Wave Trader | Oct 5, 2014
The Big Wave Trading model remains on an overall SELL signal across the board. That being said, we have become oversold on our short term daily oscillators and we expect this bounce to continue. Therefore, our model is ready to switch back to a NEUTRAL operational...
by Big Wave Trader | Oct 3, 2014
After a bout of selling this morning the stock market was able to rebound. During the morning’s selling the VIX really did not jump as if there was a ton of fear in the market. We do have a jobs report tomorrow, but was it anticipation of Yom Kippur ushering in...
by Big Wave Trader | Oct 2, 2014
For the third straight session stocks slide lower in above average volume. At least the Russell 2000 did not lead the market to the downside. The NASDAQ lead the decline today with the Russell 2000 not to far behind. We still remain in a bad seasonality period, but...
by Big Wave Trader | Oct 1, 2014
Despite a midday rally stocks simply could not hold onto gains as end of the month volume ramps at the close. We continue to see some positive action in select stocks, but the indexes simply cannot find their footing. GPRO continues to extend its gains and we...
by Big Wave Trader | Sep 30, 2014
Early morning jitters over global unrest gave way to buyers as early morning lows were quickly forgotten. Pending home sales disappointed as month-over-month pending sales sank 1% while year-over-year fell more than 4%. Perhaps bad news is good news in hopes to keep...
