by Big Wave Trader | Jan 14, 2015
Today’s session stayed within the new normal with another volatile session as the Dow Jones Industrial average posted another triple digit loss. Early morning futures were dealt with a blow as December retail sales were weakier than expected. However, morning buyers...
by Big Wave Trader | Jan 14, 2015
Early morning futures suggested a positive start to the day and buyers were more than willing to bid stocks higher. At its highs the Dow Jones Industrial Average was up more than 282 points on the session. Volume was running hot and it appeared as if this market was...
by Big Wave Trader | Jan 12, 2015
It did not take sellers long to kick their operations into high gear. At first glance it appeared we would get off to a great start given where futures were indicating the open. Steadily from 9am futures were moving away from their highs of the premarket session. ...
by Big Wave Trader | Jan 11, 2015 |
The Big Wave Trading Models remain under an across the board NEUTRAL condition, despite the recent retake of the 50 day moving averages by all the major market averages outside of the NYSE. The markets are basically in a double V-shaped trading range over the past two...
by Big Wave Trader | Jan 9, 2015 |
Just as fast as the market goes down it can go back up. The NASDAQ 100 led all indexes higher, but the Russell 2000 lagged as buyers favored large cap stocks. Volume was up across the board in a good sign institutions were willing and able to participate. All...
by Big Wave Trader | Jan 8, 2015
Today’s move does not come as a surprise after a five day slide. Whether or not this turns into a new rally is another question. A bit of good news from the economic front was the ADP private payrolls jumped more than expected. The morning part of the session...
