by Big Wave Trader | Jan 25, 2015
The Big Wave Trading models are under an operational BUY signal across the board following Thursday’s session where the major market indexes convincingly retook their 50 day moving averages on well above average volume. The switch on Thursday was a rare one...
by Big Wave Trader | Jan 23, 2015
After a shaky start to the session the stock market was able to find its footing confirming a new uptrend. A solid day all around for the stock market with volume higher and solid price gains. ECB announced its QE program to the tune of 60 billion Euros a month. At...
by Big Wave Trader | Jan 21, 2015
Today was a light trading day on Wall Street as many await the ECB’s announcement of its own Bond buying program. Once again small cap stocks lagged behind the general market closing lower by more than 30 basis points. Volume was lighter on the session and it does...
by Big Wave Trader | Jan 20, 2015
Hopes over a new European Quantitative Easing program boosted US futures early. Bank earnings have been disappointing and MS followed the trend releasing earnings at 7am. The lone piece of economic data was the NAHB Housing Market Index and it disappointed by one...
by Big Wave Trader | Jan 20, 2015
Friday’s bounce was definitely not shocking but I admit it was disappointing how strong it was. It left me cutting some stocks that I would still like to be long now. The biggest disappointment came in KITE which is a complete botch job as far as I am concerned...
by Big Wave Trader | Jan 16, 2015
A surprise move from the Swiss Central Bank today sent currencies into a frenzy. Futures traded erratically for much of the morning gyrating from positive to negative territory. Even with a positive start to the day this market simply could not hold onto gains. ...
