by Big Wave Trader | Aug 13, 2014
Despite a weaker than expected retail sales figures and a bond rally US stocks continued to push off their most recent lows. European shares rose erasing Tuesday’s losses in a sign of strength and helping out early morning futures. On the day, volume was higher...
by Big Wave Trader | Aug 13, 2014
A weak read from retail sales did very little tripping up the gains futures were indicating prior to the US market open. European shares rebounded recovering majority of yesterday’s losses. The DAX is now in range to confirm a new up-trend if price and volume...
by Big Wave Trader | Aug 11, 2014
Global markets rally as geopolitical risk appear to diminish. The Dow Jones Industrial Average was the weakest link in the US closing with just a .10% gain. Small caps stocks led the entire market higher followed by the NASDAQ. We were moving as if we were going to...
by Big Wave Trader | Aug 9, 2014
TOP CURRENT HOLDINGS – PERCENT GAIN SINCE OUR SIGNAL DATE – DATE OF SIGNAL VIPS long – 479% – 7/17/13 HEES long – 218% – 9/4/12 AER long – 158% – 6/27/13 WDC long – 131% – 1/9/13 TPL long – 103% – 10/22/13 USCR long – 81% – 4/12/13 The Big Wave Trading Portfolio...
by Big Wave Trader | Aug 8, 2014
The slide continues for European stocks as the standoff over the Ukraine conflict. At the US market open US stocks shrugged off European weakness. Volume wasn’t overwhelming on the upside as we pushed higher. Just before 11am EDT was when sellers began to hit the...
by Big Wave Trader | Aug 7, 2014
What appeared to be a solid rally off the lows lost steam after noon eastern standard time. At the open it certainly looked like we were going to continue Tuesday’s sell off. Sellers were simply exhausted in the near term as buyers took over pushing stocks to the...
