by Big Wave Trader | Apr 2, 2014
More economic mixed signals fail to derail the current market. Starting off the day ADP missed consensus while factory orders were better than expected. The market stayed within a tight trading range for much of the day. Volume was lower, but coming off the first...
by Big Wave Trader | Apr 1, 2014
Disappointing economic news couldn’t keep buyers away from pushing this market higher today. Volume was lower across the board, but above average showing there was some interest in accumulating shares today. Perhaps it was fresh beginning of the month capital flooding...
by Big Wave Trader | Mar 31, 2014
Small cap stocks ripped higher after falling for six straight days leading the entire market higher to close out March and the first quarter. Volume was higher for the day. However, the end of the day volume from portfolios rebalancing at month’s end was the catalyst...
by Big Wave Trader | Mar 30, 2014
The Big Wave Trading Portfolio is now under a strong SELL signal following the Nasdaq and Russell 200 breaking down below the 50 day moving average on strong volume. This SELL signal is stronger than any previous SELL signal we have received in our model since the one...
by Big Wave Trader | Mar 27, 2014
If you thought the weakness in the NASDAQ and Russell 2000 would at least give a boost to fear you would be wrong. The VIX index closed below the 15.00 level as the index has remained around the 15 level for the better part of the last two months. Traders aren’t...
by Big Wave Trader | Mar 27, 2014
There is something certainly giving sellers a leg up here with continued selling pressure and today it was the entire market. Small caps measured by the Russell 2000 lead the entire market lower, but the Dow and S&P 500 weren’t spared today. For much of the day...
