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...
by Big Wave Trader | Jul 13, 2014
The Big Wave Trading Portfolio remains under a BUY signal across the board. The BUY signal remains despite the short-term weakness in the overall market. For now, all major market averages are trending above their respective 50 day moving averages. This keeps the...
by Big Wave Trader | Jul 11, 2014
Futures were dealt a blow with news out of Europe regarding the largest publicly traded Bank in Portugal was once again in trouble. European shares were sold off in heavy volume and at the session open US stocks followed. However, not long after the open buyers...
by Big Wave Trader | Jul 9, 2014
The Federal Reserve meeting minutes showed the Fed’s focus is not ending QE but when the next rate hike will come. Janet Yellen will now try to take the focus off of QE and keep the narrative on interest rates. Initially, the market did not like what it saw from the...
