by Big Wave Trader | May 23, 2014
We continue to see an improvement in the NASDAQ and today’s move while not massive was certainly a step in the right direction. Volume was mixed on the session with institutions appeared to be active in NASDAQ listed stocks. We are getting quite a few breakouts here...
by Big Wave Trader | May 21, 2014
Stocks reacted positively to the release of the most recent Federal Reserve meeting minutes. Unfortunately, while price action was nice the lack of volume is somewhat interesting. Where are the institutions piling into stocks? Volume is an indication Institutions...
by Big Wave Trader | May 21, 2014
Economic data took a hiatus today while a few Fed Officials made comments. Tuesday’s have been the darling of the market, but no more. It now has become Tumbling Tuesday. Leading to the downside comes to no surprise as small caps suffered the brunt of the today’s...
by Big Wave Trader | May 20, 2014
Much like the prior Monday today’s market lifted higher in very light trade. The market was led by the NASDAQ and Russell 2000. AAPL and GOOG were two stocks helping out the technology stocks today. We still are without a follow-through day on the NASDAQ and while...
by Big Wave Trader | May 18, 2014
The Big Wave Trading Portfolio remains under an odd mix of signals currently, with the Nasdaq and Russell 2000 under SELL signals and the NYSE, DJIA, and SP-500 under BUY signals. The current nature of the tape is one where cash is clearly king for EOD trend following...
by Big Wave Trader | May 15, 2014
Sellers won the day and the surprise was the Dow leading the charge lower. Volume jumped day-over-day in the heaviest volume of the week. Better than expected jobless claims and empire manufacturing were “good” news. On the flip side you had the Homebuilder...
