by Big Wave Trader | Jun 17, 2014
Today was just, simply put another good day in the stock market with the Russell 2000 leading all major market averages higher followed closely by the NASDAQ. Volume ended the day higher and it was nice to see volume expand above yesterday levels on both exchanges. ...
by Big Wave Trader | Jun 16, 2014
The market inched higher after coming off the Father’s Day weekend. There were some nice breakouts on the day including TSLA and SPWR. Both stocks did so in excellent volume. From the get-go the market received positive economic data this morning, but shortly after...
by Big Wave Trader | Jun 15, 2014
The Big Wave Trading Portfolio model remains under a BUY signal in every major market index we track, minus the Russell 2000 which remains under a NEUTRAL condition, heading into next week. Major stock market averages pulled back the past week but did so in a very...
by Big Wave Trader | Jun 13, 2014
This morning’s economic data was not too impressive, but it would be afternoon headlines dominating the market chatter. Crude oil made a push higher putting pressure on the Dow Transportation stocks. The move in Crude was credited to the conflicts arising in Iraq...
by Big Wave Trader | Jun 11, 2014
Another day of consolidation with the Dow Jones Industrial Average led the entire market lower. Small caps weren’t too far behind the Dow, but with lighter volume neither index came under distribution. Volume was lower across the board as the S&P 500 and NASDAQ...
by Big Wave Trader | Jun 10, 2014
Today was a solid day of consolidation for the overall market with volume falling on the trading session. After the recent run-up a period of consolidation is always welcomed. Volume once again was lower across the board, but it was a positive sign with the market...