by Big Wave Trader | Apr 9, 2013
Small caps lead the market higher today rebounding from last week’s losses just ahead of the first quarter earnings season. The market has been finding buyers after 3:30 pm EST and today was no different. Buyers helped push the market to the highs of the session....
by Big Wave Trader | Apr 7, 2013
The Big Wave Trading Portfolio remains under a BUY signal produced on 3/5/13. The only change to the model is that the Russell 2000 has switched to a NEUTRAL signal. Overall, all other market indexes remain under a BUY signal. There are individual items weighing on...
by Big Wave Trader | Apr 5, 2013
The S&P 500 continued its yo-yo action finishing in the green today as volume fell across the board ahead of the Non-Farm Payroll figures. Once again in the last 15 minutes buyers stepped up and pushed stocks higher into the close. It has become clock work at the...
by Big Wave Trader | Apr 4, 2013
Distribution struck the market today with leading stocks taking a big hit as Small and Mid Caps lead the major market averages lower. A disappointing ADP employment figure casted doubt if Friday’s Non-Farm payrolls would exceed expectations. At 10 am EST the ISM...
by Big Wave Trader | Apr 3, 2013
A late day 15 minute rally helped save the Dow, S&P 500, and the NASDAQ from closing on their lows of the session. Just after the 2pm hour sellers began to sell until the lows of the session at 3:30pm EST when buyers stepped up saving the markets from closing on...
by Big Wave Trader | Apr 1, 2013
Not the best way to start off the second quarter despite the Dow Jones Industrial average closing flat on the day. European markets weren’t open due to the Easter holiday, but Asian markets were. Disappointing economic data hit the tape as the ISM Manufacturing and...
