by Big Wave Trader | Feb 17, 2013 |
The Big Wave Trading Portfolio remains under a strong BUY signal generated at the start of the year. There continues to be absolutely no sign that the market is finished with its steady and unusual move higher. Trying to guess when the move will end is futile and...
by Big Wave Trader | Feb 14, 2013
Futures weren’t off to a great start with GDP readings around the world disappointed. Despite Central Bank’s efforts to kick start growth has failed around the world. Jobless claims came in better than expected, but figures from Connecticut and Illinois were estimated...
by Big Wave Trader | Feb 13, 2013
Stocks enjoyed buying through the early morning session as Europe rebounded from its recent pullback. By 10:30 the market changed behavior as it simply could not maintain its high of the day. Thirty minutes prior to the European close the market took a nose dive and...
by Big Wave Trader | Feb 12, 2013
NASDAQ Composite continues to lag behind the Dow Jones Industrial Average and the S&P 500. Volume rose across the board, but remained below average. The NASDAQ notched a stall day and although it failed to register a day of distribution. Stalling days are nothing...
by Big Wave Trader | Feb 11, 2013
Today was largely an uneventful day as volume was well below average and well under Friday’s level. Sellers continue to be on vacation as buyers were able to lift the market into the close. AAPL was the talk of CNBC, but the stock remains in no man’s land despite the...
by Big Wave Trader | Feb 10, 2013
One change in SLV as we have switched back to an uptrend. TICKER ST TREND CHANGE DATE CLOSE % SPY UPTREND NO CHANGE 2/8/2013 151.80 0.56% IWM UPTREND NO CHANGE 2/8/2013 90.80 0.71% QQQ UPTREND NO CHANGE 2/8/2013 67.99 1.03% USO UPTREND NO CHANGE 2/8/2013 34.70 0.06%...
