by Big Wave Trader | Feb 2, 2014
The Big Wave Trading Portfolio switched to a soft SELL signal on Monday 1/27/2014 as the stock market sold off for the third day in a row on very heavy volume with the Russell 2000 breaking down below the 50 day moving average. Normally, this price action alone would...
by Big Wave Trader | Jan 31, 2014
It remains to be seen whether or not today was the start of a new uptrend or not. Volume wasn’t overwhelming, but after the Federal Reserve rate announcement it would have taken quite a bit of turnover to surpass yesterday’s volume. Earnings continue to poor in and...
by Big Wave Trader | Jan 29, 2014
Even the President’s State of the Union address couldn’t help keep futures higher after the Turkish Central Bank pushed lending rates much higher than anticipated. Buying did come in and rescue the market somewhat at the open, but all eyes were glued to the 2pm...
by Big Wave Trader | Jan 28, 2014
AAPL’s reaction to earnings was quite harsh as the stock closed just above the $500 level after erasing 44 points on the day. Due to AAPL the NASDAQ simply could not keep up with the rest of the indexes lead by the Russell 2000 closing higher by .93%. Volume was...
by Big Wave Trader | Jan 27, 2014
Selling continued on Monday lead by the Russell 2000 and NASDAQ Composite indexes. CAT earnings release and subsequent move helped the Dow Jones Industrial Average from losing further steam. Volume ended the day lower across the board despite the plunge to new lows...
by Big Wave Trader | Jan 25, 2014
And it finally gets interesting. It has been such an amazing winter on Maui this year with all of the amazing surf and whale action that the slow methodical uptrend has been a side-feature to a much more impressive show by mother nature. However, the stock market has...
