by Big Wave Trader | Oct 7, 2013
It appears Wall Street will once again force action upon Washington DC with stocks falling today. Sellers were able to reign in buyers just after the surge from the morning session. Accelerating into the close sellers slammed stocks to their lows of the session taking...
by Big Wave Trader | Oct 3, 2013
It is quite clear the weakest index we have is the Dow Jones Industrial Average closing below 15,000. Earlier in the session the market was handed a slightly disappointing ISM manufacturing index reading. However, it wasn’t until Obama began speaking did sellers use...
by Big Wave Trader | Oct 2, 2013
A disappointing ADP jobs report stung the market this morning as private payrolls continue to limp along. Futures were indicating a lower open after the Nikkei dropped more than 2% overnight. Once again we saw buyers jump back into the market pushing the market well...
by Big Wave Trader | Oct 1, 2013
The fourth quarter kicked off with a Government Shutdown, better PMI figures, and higher stock prices. Yesterday’s price action was quite bullish even when considering the not so hot close. This market simply does not want to give up on this current uptrend and we...
by Big Wave Trader | Sep 30, 2013
The NASDAQ and Russell 2000 were able to find enough buyers to push both indexes well above their opening prices. The same could not be said for the S&P 500 and Dow Jones Industrial Average. Last night futures were indicating the market would open lower, but not...
by Big Wave Trader | Sep 29, 2013
The Big Wave Trading Portfolio remains under a BUY signal across the board as the market continues its steady uptrend above the 50 day moving average. The past week was a good week of digesting gains overall and plenty of individual stocks broke out every day all week...
