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...
by Big Wave Trader | Dec 14, 2013
It has been a pretty boring tape for the overall market, post-Thanksgiving. However, we did get one day of action this past week as the market sold off pretty hard on Wednesday on above average volume. The above average volume was logged on the indexes, ETFs, inverse...
by Big Wave Trader | Dec 13, 2013
A better than expected release of Advanced Retail Sales figures did very little keeping the market from heading lower for the third straight session. The Dow Jones Industrial Average lost another 103 points on the day as it set a new low for the Month of December. ...
