by Big Wave Trader | Jun 5, 2014
A disappointing ADP employment figure did very little to hold back the market from finding support during the morning session. Once again volume was noticeable absent from the market, but it has yet to prove to be an issue for this market. We continue to see this...
by Big Wave Trader | Jun 3, 2014
As volume did expand today stocks were able to find support and avoid any nasty distribution. While the S&P 500 remains just below its all-time high the NASDAQ has tightened up considerably over the past few trading sessions. Our volatility ratio has reflected...
by Big Wave Trader | Jun 2, 2014
The official start of summer isn’t for a few weeks, but the light volume theme continues as volume underwhelms despite the NYSE, Dow Jones Industrial Average, and S&P 500 finishing higher. Bonds sold off pushing the 10 year Treasury yield back above 2.5%. What we...
by Big Wave Trader | Jun 1, 2014
Following another extremely low volume positive week, the Big Wave Trading Portfolio remains under a mixed bag of signals. The NYSE, DJIA, SP-500, and Nasdaq 100 are all under BUY signals, the Nasdaq is under a NEUTRAL signal, and the Russell 2000 is still under a...
by Big Wave Trader | May 30, 2014
We kicked off the morning with a disappointing GDP release as first quarter the economy contracted by 1% rather than the -.5% expected. Initially, the Stock Market experienced some selling pressure as traders were looking for something to sell. Just after 10 amEDT...
by Big Wave Trader | May 29, 2014
Today was a nice day for the markets following yesterday’s solid performance. While many can find faults with the current market, but will finding fault make you money in the market? Not likely, and therefore we simply follow the market signals by pushing forward...
