by Big Wave Trader | Oct 4, 2011
A wild day on Wall Street as stocks whipsaw all day long, but finally closing higher on the highs of the day. Hitting bear market levels the S&P 500 was able to bounce back along with the rest of the market. The big winner on the day was Small Cap stocks followed...
by Big Wave Trader | Oct 3, 2011
Europe and Asia struggled overnight and into the early morning hours pushing US Equity futures lower. Fears over Greece and other European nations grew, but now fears over China’s growth crept into the minds of traders. At the 10am EST hour the market was handed...
by Big Wave Trader | Oct 1, 2011
The Big Wave Trading Portfolio and the Big Wave Trading Retirement Portfolio are both fully invested. The IRA account is 100% long 3 inverse ETFs and the adviser account is fully-margined holding 24 short positions and 1 medical stock long. 60%+ of the capital is...
by Big Wave Trader | Sep 30, 2011
Surprisingly good economic data kicked off the morning trading session. Chicago PMI and University of Michigan Confidence indexes came in much better than expected. The market pushed higher and looked as if the market was going to be close the morning gap. Sellers...
by Big Wave Trader | Sep 28, 2011 |
Currently the Big Wave Trading portfolio is long 3 inverse ETFs, long small positions in 4 stocks, and short 20 individual stocks with one being heavily weighted in one leading stock of the past rally that is topping out currently. The inverse ETFs are used in my...
by Big Wave Trader | Sep 28, 2011
Hope of a European Bailout deal still fresh on Bulls’ mind gave a boost to stocks at the onset of trading. Early morning trading witnessed to stocks moving to the upside, but volume simply was not accompanying the move. At mid-day it appeared the market was going to...
