by Big Wave Trader | Nov 6, 2013
The NASDAQ and Russell 2000 continue to lag the broader market as the Dow Jones Industrial Average takes on the leadership role. Led by MSFT big breakout the Dow added 128 points finishing higher by almost 1% while the S&P 500 closed with a 7.5 point gain. Volume...
by Big Wave Trader | Nov 6, 2013
The S&P 500 notched a minor day of distribution as the NASDAQ was able to squeeze out a small gain. Volume rose on the day from Monday’s depressed levels. All eyes were looking at TSLA and its earnings release at the close of the session. On the day, the action...
by Big Wave Trader | Nov 4, 2013
There is nothing like a little light volume rally to start the week. The big winner of the day was the Russell 2000 closing with 1.15% gains. Volume was lower across the board, but given today was a Monday it doesn’t come to us as a surprise. Financials and Biotechs...
by Big Wave Trader | Nov 2, 2013
The Big Wave Trading Portfolio remains under a BUY signal across the board as all indexes remain in a strong uptrend with the uptrend coming with above average volume on the Nasdaq. While we have been absent from a weekend report for a couple of weeks now, we remain...
by Big Wave Trader | Nov 1, 2013
S&P 500 closes the month with nearly 5% in gains despite a government shutdown. Volume was up on the day as end-of-the-month shenanigans elevated turnover. It appeared the market was going to close higher, but late day sellers spoiled the fun. The Dow Jones...
by Big Wave Trader | Oct 31, 2013
All eyes were fixated on the FOMC release of their most recent meeting. Heading into the meeting stocks were off their highs of the session. Volume was running lower as many institutions and traders were simply waiting on whether or not the FOMC would announce a...
