by Big Wave Trader | Jun 22, 2014
The Big Wave Trading Portfolio is under a BUY signal across the board as the Russell 2000 officially entered this mode during the week joining the rest of the stock market indexes already under this signal. Overall volume remains tame on the major market indexes but...
by Big Wave Trader | Jun 19, 2014
Stocks traded in a tight range, but it was GLD leading the way higher. Overnight the Nikkei broke out in heavy trade a good sign for Japanese stocks following the move yesterday. It is clear there is a new uptrend in GLD from today’s move as well as US stocks and...
by Big Wave Trader | Jun 17, 2014
Today was just, simply put another good day in the stock market with the Russell 2000 leading all major market averages higher followed closely by the NASDAQ. Volume ended the day higher and it was nice to see volume expand above yesterday levels on both exchanges. ...
by Big Wave Trader | Jun 16, 2014
The market inched higher after coming off the Father’s Day weekend. There were some nice breakouts on the day including TSLA and SPWR. Both stocks did so in excellent volume. From the get-go the market received positive economic data this morning, but shortly after...
by Big Wave Trader | Jun 15, 2014
The Big Wave Trading Portfolio model remains under a BUY signal in every major market index we track, minus the Russell 2000 which remains under a NEUTRAL condition, heading into next week. Major stock market averages pulled back the past week but did so in a very...
by Big Wave Trader | Jun 13, 2014
This morning’s economic data was not too impressive, but it would be afternoon headlines dominating the market chatter. Crude oil made a push higher putting pressure on the Dow Transportation stocks. The move in Crude was credited to the conflicts arising in Iraq...