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...
by Big Wave Trader | Aug 6, 2014
Forget the ISM figures and other economic data point the geopolitical issues in the world are causing jitters to increase. The market did take a bit of a dip after the release of the ISM non-manufacturing numbers. However, the market was able to stabilize and inch...
by Big Wave Trader | Aug 5, 2014 |
After last week’s selling a bounce was certainly not unexpected. Volume could not match Friday’s levels, but Friday was the first of the month where volume is typically elevated. Price action was solid for much of the day after the morning dip as European stocks...
by Big Wave Trader | Aug 2, 2014
The Big Wave Trading Portfolio has been anticipating for weeks that something was wrong with the most recent attempted rally in the overall stock market. On Thursday these problems were confirmed with a huge sell off on extremely large volume with many leading stocks...