by Big Wave Trader | Jan 6, 2013
The Big Wave Trading Model returned to a BUY signal across the board, following the resolve of the Fiscal Cliff. The gap up was powerful and very strong. The strength was broad, volume was well above average, and breakouts were everywhere. On top of that, the price...
by Big Wave Trader | Jan 5, 2013
The market was able to shake off a disappointing jobs figure on Friday morning failing to print 200,000 jobs. AAPL was another loser on the day slipping more than 2% weighing down the NASDAQ while the S&P lead by banks and energy was able to push higher. Banks...
by Big Wave Trader | Jan 3, 2013
Congress was able to pass a Fiscal Cliff deal solving a crisis they themselves created. Regardless, the market blasted higher closing strong with volume higher than Monday’s session. Mid-day stocks did appear to falter a bit, but the close is where buyers began to...
by Big Wave Trader | Dec 31, 2012
US going Cliff Diving Unless Congress can Pass a bill prior to Mid-Night Led by AAPL and the NASDAQ stocks were able to shake off opening lower closing above Friday’s high. Ending the year the S&P 500 ended with gains of 13.4%. Last year at this time AAPL was...
by Big Wave Trader | Dec 30, 2012
The Big Wave Trading Model is under a mixed bag of signals as US stock indexes are all doing something different. The Nasdaq is back to a NEUTRAL signal as it has undercut its 50 and 200 DMA. However, it is not switching to a SELL signal due to the low volume on the...
by Big Wave Trader | Dec 27, 2012
The market was headed for a big fall in the early afternoon with the VIX soaring above 20 points for the first time since July. Then news of the House of Representatives coming back to the hill on Sunday sent the robots into action pushing the market back to...
