by Big Wave Trader | Dec 5, 2011
More hope and change rhetoric from the Eurozone helped boost stocks at the open. Stocks shrugged off a worse than expected reading from ISM non-manufacturing index as well as factory orders. Zooming to new highs on the day it appeared the major indexes looked to...
by Big Wave Trader | Dec 3, 2011
Last week was an exciting week for traders as a market that looked ready to rollover to new lows rallied hard on Monday and Wednesday with volume on Wednesday being extremely strong. Due to Monday and Wednesday the model switched back to 100% neutral and we await a...
by Big Wave Trader | Dec 1, 2011
Today’s market consolidation was a certainly nice to see. The normal day would appear, now to be 1% or moves to the upside or down. However, today bucked that mold and put in a decent day for the bulls consolidating recent gains made after Wednesday’s massive move to...
by Big Wave Trader | Dec 1, 2011
BigWaveTrader will be back later on with market commentary. Until then, enjoy… Talk about a ton of “go” signals in individual stocks, despite the extreme volatility. I am a little surprised that we have so many new long positions based on legit signals and...
by Big Wave Trader | Nov 30, 2011
Volume exploded at the end of the day as stocks rise more than 4% as European Bank crisis almost hits critical mass. The hot rumor of the day was a major European bank was about to go bust and central banks across the world needed to take quick and decisive action....
by Big Wave Trader | Nov 30, 2011
BigWaveTrader has recently had a baby and continues to be bogged down by this responsibility. Therefore, I will be happily posting commentary tonight in his place. However, today was an extremely busy day and I do not really have time (this is already a late post) to...
