by Big Wave Trader | May 7, 2014
This market is certainly a tale of two tapes. On one hand you have the Dow Jones Industrial Average nearing all-time highs and on the other you have the Russell 2000 unable to hang above its 200 day moving average. Volume was up on the session, bigger on the NASDAQ...
by Big Wave Trader | May 6, 2014
Turnaround Tuesday turned into Tumbling Tuesday with today’s aggressive move to the downside by Small Cap stocks and the NASDAQ Composite index. Preliminary volume metrics show volume was higher across the board from Monday’s session as stocks like TWTR move to new...
by Big Wave Trader | May 5, 2014
There wasn’t much exciting hit the street today unless you are into watching financial news. Volume was off quite a bit as it appears many market participants weren’t willing to hop into the market today. Utilities were the winners of the day leading the S&P 500...
by Big Wave Trader | May 4, 2014
The Big Wave Trading Portfolio remains under an overall SELL signal, despite the DJIA and SP500 being inches away from all-time highs. While the DJIA and SP500 continue to offer up actionable long signals in the big-cap slow-growth names on an occasional basis,...
by Big Wave Trader | May 1, 2014
Now that we have moved beyond the FOMC Friday’s job report hits front and center. The NASDAQ was the only major index we follow closing in the green. We continue to see earnings pour in, but not too many to really speak of. The mass financial engineering project we...
by Big Wave Trader | Apr 30, 2014
The market was dealt with a disappointing reading regarding GDP growth in the first quarter for the United States. If it weren’t for the mandated spending of Obamacare growth would have been negative. Better-than-expected personal consumption was nice to see. ...
