by Big Wave Trader | May 6, 2014
Turnaround Tuesday turned into Tumbling Tuesday with today’s aggressive move to the downside by Small Cap stocks and the NASDAQ Composite index. Preliminary volume metrics show volume was higher across the board from Monday’s session as stocks like TWTR move to new...
by Big Wave Trader | May 5, 2014
There wasn’t much exciting hit the street today unless you are into watching financial news. Volume was off quite a bit as it appears many market participants weren’t willing to hop into the market today. Utilities were the winners of the day leading the S&P 500...
by Big Wave Trader | May 4, 2014
The Big Wave Trading Portfolio remains under an overall SELL signal, despite the DJIA and SP500 being inches away from all-time highs. While the DJIA and SP500 continue to offer up actionable long signals in the big-cap slow-growth names on an occasional basis,...
by Big Wave Trader | May 1, 2014
Now that we have moved beyond the FOMC Friday’s job report hits front and center. The NASDAQ was the only major index we follow closing in the green. We continue to see earnings pour in, but not too many to really speak of. The mass financial engineering project we...
by Big Wave Trader | Apr 30, 2014
The market was dealt with a disappointing reading regarding GDP growth in the first quarter for the United States. If it weren’t for the mandated spending of Obamacare growth would have been negative. Better-than-expected personal consumption was nice to see. ...
by Big Wave Trader | Apr 29, 2014
A weaker than expected Case-Shiller price data wasn’t enough to shake this market lower. Volume was lower on the session and perhaps institutions simply do not want to get ahead of the FOMC policy announcement tomorrow at 2pmEST. Whatever the reason, we levitated on...
