by Big Wave Trader | Sep 10, 2013
While the market awaits a follow – through day we continue to enjoy superb gains. Small cap stocks led today followed by the Dow Jones Industrial average. Volume was up across the board and was above average. A very good sign regarding the health of this stock market...
by Big Wave Trader | Sep 10, 2013
Today was another strong performance from our stock market leaders and overall stock market. Volume unfortunately did not accompany today’s move, but given individual stock moves volume is secondary. It is nice to see gains from market leaders especially when they are...
by Big Wave Trader | Sep 8, 2013
Aloha everyone. The Big Wave Trading model is in a mixed variety of signals, with the Nasdaq currently under a BUY signal, the SP500 and Russell 2000 are under a NEUTRAL signal, and the DJIA is under a SELL signal. It is not too often you will see us under all three...
by Big Wave Trader | Sep 5, 2013
After two days of sizeable gains the market just did not have enough steam to continue the march higher. ADP employment report was lower than expected, but on the positive side Factory Orders and ISM Services were better than expected. Despite the better than expected...
by Big Wave Trader | Sep 4, 2013
Another day and another missed shot at a bona fide follow-through day. However, given the volume surge in the NASDAQ and its ability to clear/hold yesterday’s high things are brighter than they may seem. The Fed’s Beige Book release did little to stock movement, but...
by Big Wave Trader | Sep 3, 2013
Out of the gate the market was higher as market participants dragged themselves back from a long weekend. Summer is now over, unofficially and perhaps volume overall will come back into the market. Volume did jump over Friday’s end-of-the-month volume surge at the...