by Big Wave Trader | Nov 13, 2014
Small cap stocks were the winners of the day followed by the NASDAQ. For the first time in over a week the S&P 500 closed in the red. The same goes for the Dow Jones Industrial Average. Both indexes were able to escape a day of distribution with support at the...
by Big Wave Trader | Nov 12, 2014
Today’s session was relatively quiet in terms of the volatility we have seen over the past 30 days. Recently, we have seen overall volatility decrease where we are not seeing wild intrday swings or big gaps at the start of the session. Lower volume across the...
by Big Wave Trader | Nov 11, 2014
Stocks hit more all-time highs as the Dow and S&P 500 have made it a habit to do so every day. Leading session gains was the NASDAQ followed by the Russell 2000. Volume was light on the session, but is in-line with a typical Monday volume wise. It appears the...
by Big Wave Trader | Nov 9, 2014
The Big Wave Trading portfolio model remains under a market-wide operational BUY signal. The past week saw the Nasdaq and Russell 2000 consolidate its gains remarkably well, while the S&P and DJIA related indexes continued to hit new highs. This strength is very...
by Big Wave Trader | Nov 6, 2014 |
Today was just another day and a new all-time high for the S&P 500. Volume on the exchanges ended lower across the board. An interesting tidbit was SPY volume was actually higher on the session. Today’s session certainly puts this market in extreme overbought...
by Big Wave Trader | Nov 5, 2014
Initially, the market liked the GOP victory last night as stocks jumped higher at the open. It was green across the board until sellers began to attack high beta names pushing the NASDAQ lower. It appears money managers are favoring “safe” stocks as...