by Big Wave Trader | Aug 11, 2014
Global markets rally as geopolitical risk appear to diminish. The Dow Jones Industrial Average was the weakest link in the US closing with just a .10% gain. Small caps stocks led the entire market higher followed by the NASDAQ. We were moving as if we were going to...
by Big Wave Trader | Aug 9, 2014
TOP CURRENT HOLDINGS – PERCENT GAIN SINCE OUR SIGNAL DATE – DATE OF SIGNAL VIPS long – 479% – 7/17/13 HEES long – 218% – 9/4/12 AER long – 158% – 6/27/13 WDC long – 131% – 1/9/13 TPL long – 103% – 10/22/13 USCR long – 81% – 4/12/13 The Big Wave Trading Portfolio...
by Big Wave Trader | Aug 8, 2014
The slide continues for European stocks as the standoff over the Ukraine conflict. At the US market open US stocks shrugged off European weakness. Volume wasn’t overwhelming on the upside as we pushed higher. Just before 11am EDT was when sellers began to hit the...
by Big Wave Trader | Aug 7, 2014
What appeared to be a solid rally off the lows lost steam after noon eastern standard time. At the open it certainly looked like we were going to continue Tuesday’s sell off. Sellers were simply exhausted in the near term as buyers took over pushing stocks to the...
by Big Wave Trader | Aug 6, 2014
Forget the ISM figures and other economic data point the geopolitical issues in the world are causing jitters to increase. The market did take a bit of a dip after the release of the ISM non-manufacturing numbers. However, the market was able to stabilize and inch...
by Big Wave Trader | Aug 5, 2014 |
After last week’s selling a bounce was certainly not unexpected. Volume could not match Friday’s levels, but Friday was the first of the month where volume is typically elevated. Price action was solid for much of the day after the morning dip as European stocks...
