by Big Wave Trader | Mar 31, 2015
This market continues its choppy nature with the Dow falling 200 points, but small caps held up relatively well. Weighing on the S&P 500 today were health care and industrial stocks. Closing lower by nearly 90 basis points the S&P 500 had a difficult time...
by Big Wave Trader | Mar 31, 2015
Nice day across the board with solid price gains despite mixed volume. The NASDAQ enjoyed solid gains with volume higher on the exchange. NYSE volume ended lower, but typical for a Monday session. This week is a holiday shortened week with Friday’s Good Friday...
by Big Wave Trader | Mar 29, 2015
The Big Wave Trading portfolio is under an operational NEUTRAL signal across the board, following Wednesday’s surprise no news heavy volume sell off. It is extremely rare to almost non-existent to see our model switch from a BUY signal to a NEUTRAL signal right...
by Big Wave Trader | Mar 27, 2015
Fears over the dollar, plane crash, and potential war in Yemen had many traders scared this morning. Heavy selling began the day and it appeared as if we were heading down the same path as yesterday’s market. As the early afternoon progressed it appeared we were...
by Big Wave Trader | Mar 26, 2015
Back to back Distribution Days is never a good sign. There are many breakdowns and biotech stocks continue to be leading us to the downside. 3 week tight patterns are still in play, but given the overall direction of the market we may not see these move higher. 3...
by Big Wave Trader | Mar 26, 2015
Economic data as a whole continues to disappoint, but what took center stage today was the heavy volume selling across the board. Kicking off the day was big merger news with Kraft and Heinz. CNBC was very happy to get Warren Buffett on the phone as Berkshire...
