by Big Wave Trader | Jan 7, 2015
Once again sellers had their way for much of the day pushing stocks lower for the fifth straight session. Volume was up across the board as institutions appeared to be dumping stock. Economic data continues to disappoint as expectations are being missed. However,...
by Big Wave Trader | Jan 5, 2015 |
Today’s session was witness to heavy volume selling appeard on the street today as traders and investors return from the holiday session. Energy took a beating inside the S&P 500 today falling nearly 4% on the trading session. Crude oil sliced through $50 a...
by Big Wave Trader | Jan 4, 2015 |
The Big Wave Trading Portfolios remain under a BUY signal on all major market averages. While the Santa Claus rally did not show up and we closed out 2014 and started 2015 with down days for the first time since 2008, all major market indexes are trading above their...
by Big Wave Trader | Dec 31, 2014 |
Volume remained well below average, but ticked higher on the NASDAQ giving a day of distribution for the index. The S&P 500 saw volume slip below Monday’s session as the index avoided its first day of distribution since early December. Holiday trade continues to...
by Big Wave Trader | Dec 29, 2014 |
Holiday trade continues to be on the light side as buyers push markets higher. For the seventh straight day we have seen the market close out the day with gains. Turmoil in Greece continues to heat up with fears over a “Grexit” continue to bubble up. Yet, even with...
by Big Wave Trader | Dec 28, 2014
Happy holidays from Maui, everyone. We are going to keep this weekends wrap short and sweet as we are in the middle of the seasonally bullish holiday period and everything is going as planned. Our overall market models remain under an across the board operational BUY...
