by Big Wave Trader | Dec 25, 2013
The market was able to cough up another day of gains for all as the S&P 500 and Dow Jones Industrial average continue to post all-time highs. Over on the NASDAQ it continues to hit multi-year highs as it chases down its all-time highs set in...
by Big Wave Trader | Dec 23, 2013
A nice start to the week with leading stocks continuing to show outperformance. The NASDAQ was the biggest gainer on the day with a huge boost by the move in AAPL. Small cap stocks came in a close second, but this Santa Claus rally appears to have legs heading into...
by Big Wave Trader | Dec 21, 2013
The Big Wave Trading Portfolio is under a full BUY signal with zero pressure weighing on all of our models. The Russell 2000 model coming into this week was under a NEUTRAL condition but Wednesday’s rally on heavy volume confirmed everywhere switched us back to...
by Big Wave Trader | Dec 20, 2013
One day removed from the Dectaper the market held up relatively well digesting Wednesday’s solid move. It would have been ideal for the market to follow through with big gains today. However, we’ll take a low volume pull back as well. Leading stocks fared pretty...
by Big Wave Trader | Dec 19, 2013
MarketSpeculator is currently on his way to my home state in Maui so I get to pick up the commentary for now. Trust me, it will not be as good as I do not have time to waste your time. On that note, let’s get this started. The stock market had what I can only...
by Big Wave Trader | Dec 16, 2013
Stocks rallied hard at the open after an onslaught of economic data. The buying lasted until about the time the Federal Open Market Operations or POMO began pumping fresh new liquidity to prime dealers. Given the FOMC policy statement on Wednesday it appears many...