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...
by Big Wave Trader | May 27, 2014
Traders coming off a long holiday weekend were greeted with a slew of economic data as well as a positive open. Not much negativity from this morning’s economic releases to speak of, unless of course you dig into the numbers and find something to complain about. ...
by Big Wave Trader | May 26, 2014
Not much changed for us over here in Maui the past week, as stocks drifted higher into near new high ground for the NYSE and DJIA. The SP-500 managed to close at new all-time highs and the Nasdaq retook its 50 day moving average. Sadly, the one index you would like to...
