by Big Wave Trader | Jul 21, 2014
Europe continues to move lower as tensions in Ukraine weigh on European indexes. US stock futures were lower this morning, but weren’t matching the level of decline as seen in Europe. Sellers picked up momentum as the morning wore on up until President Obama began...
by Big Wave Trader | Jul 20, 2014
The Big Wave Trading Portfolio is currently under a NEUTRAL conditions in all of the major stock market averages. The Nasdaq 100 has returned to a BUY condition following its switch to a NEUTRAL condition on Thursday. The Russell 2000 is returning to a NEUTRAL...
by Big Wave Trader | Jul 17, 2014
In the overnight session European stocks were on the downside putting pressure on US stock futures. At the open buyers came in early and fast helping the market back up to breakeven before they would be quickly turned away by overseas tensions. Just after news of a...
by Big Wave Trader | Jul 16, 2014
Today the Dow Jones Industrial Average hit another record high as earnings continue to roll in. Volume ended the day mixed with INTC helping out the NASDAQ and NYSE turnover slowed. The S&P 500 is knocking on its all-time high too. Unfortunately, for Small Cap...
by Big Wave Trader | Jul 15, 2014
Today’s wild ride will be blamed on Yellen’s testimony today as her words spooked some investors. Small cap stocks were hit the hardest followed by the NASDAQ, as volume swelled across the board. The increase volume coupled with the losses on the NASDAQ gives a day...
by Big Wave Trader | Jul 14, 2014
Following an upbeat European open, US stock futures pointed towards a higher open. Buyers began to step in from the start scooping up shares of stock after last week’s “risk-off” trade subsided. Many of our stock market leaders we have identified acted very well...