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. ...
by Big Wave Trader | Apr 6, 2014 |
The Big Wave Trading Portfolio is under a full-on SELL signal following the strongest signal received since the year 2012. While the signal did get a shakeout back to NEUTRAL the past week the overall weighting of the SELL signal remained. Following Friday’s...
by Big Wave Trader | Apr 3, 2014
What started out as a decent day turned into a mess for small caps and especially for the NASDAQ Composite Index. Momentum stocks were the ones who were rocked hard as it appears institutions are shedding these names for industrial and transportation stocks. For...
