by Big Wave Trader | Apr 14, 2014
The NASDAQ rallied nearly 40 points off the lows of the session to close in positive territory. It appeared from the start of the last hour of trading sellers wanted to take over. However, the market had something in-store for the sellers thwarting their attempt to...
by Big Wave Trader | Apr 13, 2014
The Big Wave Trading Portfolio remains under the strongest SELL signal triggered since 2012 as stocks continued to sell off the previous week on very heavy volume. There is nothing pressuring the model whatsoever on this SELL signal as of now. Friday went just about...
by Big Wave Trader | Apr 10, 2014
Yesterday could have been a decent day for the market, but as we noted the volume was worrisome. Those worries were validated today with sellers dominating the market as traders and investors alike were tripping over each other to dump stock. The NASDAQ once again...
by Big Wave Trader | Apr 9, 2014
The Federal Reserve meeting minutes helped stocks push higher after the minutes revealed the central bank to be more dovish. Or so we think as these minutes were taken prior to Yellen’s “six months” comment. At any rate, we saw Monday’s highs pushed aside for higher...
by Big Wave Trader | Apr 8, 2014
After suffering from heavy losses over the past few sessions the NASDAQ rebounded in very light trade. Leading the way the NASDAQ closed up 33 points or .81% followed by the Russell 2000 closing higher by .74%. Volume light on the session and it was no real surprise...
by Big Wave Trader | Apr 7, 2014
The NASDAQ picked up where it left off on Friday closing lower once again. Briefly the index was able to get into positive territory, but was short lived. Sellers were dominate for much of the session and even were able to ward off a rally attempt at the day’s end. ...