by Big Wave Trader | Sep 28, 2014
The Big Wave Trading Portfolio is operating under a SELL signal. However, do not let the term SELL fool you. Big Wave Trading as a whole is not bearish on the stock market just yet. Our model is simply on an operational SELL signal taking into account all of the heavy...
by Big Wave Trader | Sep 26, 2014
Yesterday’s gains were quickly erased today by heavy volume selling. There was not much to cheer about except GPRO continuing to add to its gains. Sellers were in complete control of the market for much of the day. Buyers were simply absent and were not around to...
by Big Wave Trader | Sep 24, 2014
The rebound in the stock market today was a welcomed sign for bulls who witnessed their gains wilt in the face of the recent selling. We can nitpick with volume coming in lower, but all-in-all the price gains were pretty good. One thing we pointed out last night was...
by Big Wave Trader | Sep 24, 2014
Early morning losses were quickly erased during the first half hour of trading. However, before the first hour of trading was over the highs of the day would be set. The bits of economic news were split with Markit US PMI coming in slightly lower than expected while...
by Big Wave Trader | Sep 23, 2014
The market entered a historically weak period with sellers winning the day. Leadership thinned even further today. Leading the market lower was once again small cap stocks followed closely by the NASDAQ Composite index. The Dow Jones Industrial Average continues to...
by Big Wave Trader | Sep 21, 2014
The Big Wave Trading models have undergone some near term volatility in operation signals in a few indexes but remained the same in a few others. The SP-500, Nasdaq 100, and DJIA switching back to operational BUY signals with each index hitting new 52-week highs....