by Big Wave Trader | Oct 10, 2014
One day after a tremendous rally sellers regain control erasing majority of Wednesday’s gains. Even after the European close buyers were not around to give the market support. Volume fell day over day, but price certainly told a story today. Yesterday’s...
by Big Wave Trader | Oct 9, 2014
Despite taking out last Thursday’s low stocks were able to reverse hard and close up on tremendous volume. We warned last night we needed this market to show some strength and we did see that today. Last Thursday’s low was certainly a pivotal point we were watching...
by Big Wave Trader | Oct 8, 2014
Europe continues to stumble despite the ECB’s pledge to begin its own Quantitative Easing program. After today’s session the stock market is now in a precarious position. If we do not rally and rally well off these lows could be very dangerous for those who continue...
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...
