by Big Wave Trader | Mar 13, 2013
A surprise uptick in consumer spending helped boost the market in the early going. Advanced retails sales jumped in the month of February by 1.1% (seasonally adjusted) much more than the expected .5%. Import prices rose 1.1% more than the expectations, but retail...
by Big Wave Trader | Mar 13, 2013
Another late afternoon lift helps send the Dow into positive territory to end the day’s trading session. Just after 2 pm stocks sat near the lows of the session, but buyers stepped up keeping the market from pushing lower. Volume ended higher on the day, but the early...
by Big Wave Trader | Mar 12, 2013
$SLCA has been a leading stock in this market rally. After the bell yesterday the company announced a new share offering and supply of the stock is proving to be too much for the stock at the moment. The broad market is pulling back in heavier trade. We are tracking...
by Big Wave Trader | Mar 12, 2013
For the 7th straight day the Dow Jones Industrial Average closed higher. Volume fell across the board, but this is normal for this uptrend and Mondays. VIX fell to new lows as buyers continue to show extreme complacency. AAPL reversed off its lows in the afternoon...
by Big Wave Trader | Mar 10, 2013 |
The Big Wave Trading Model switched back to a BUY mode on 3/5/13 following a switch to a NEUTRAL mode on 2/25/13. The switch to NEUTRAL on 2/25/13 in our analysis of over 130 years of stock market history should have not switched back to BUY mode so quickly. The price...
by Big Wave Trader | Mar 8, 2013
Better than expected Jobless Claims figures helped start the market off in the green. Around the globe markets lifted on continued hope endless money printing will assist in ushering in economic growth. Volume ended mixed with NYSE volume expanding while the NASDAQ...
