by Big Wave Trader | Aug 8, 2011
I am making this available to non-subscribers to show them the benefits of a premium Big Wave Trading membership. Also included is the gains made today in our short positions we have been taking over the past couple of months. I am covering half of my shorts here and...
by Big Wave Trader | Aug 4, 2011
Jobless claims failed to help drive the market higher as fears over Europe continued to weigh heavily on the minds of traders. Selling was intense and unforgiving thoughout the trading session. Institutions were busy once again dumping stock as volume was much larger...
by Big Wave Trader | Aug 3, 2011
Rumors of a potential third round of quantitative easing helped lift stocks from the lows of the session. A dismal report from the ISM Non-Manufacturing survey put plenty of pressure on stocks as volume swelled. The VIX on the other hand did not confirm the...
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by Big Wave Trader | Aug 3, 2011
As of this writing 6:53am EST we are seeing a boost in US equity futures and possible short term bottoms in Europe. Unfortunately, they are coming off EXTREMELY oversold markets. While any market bottom could lead to a new uptrend it is highly unlikely with the LACK...
by Big Wave Trader | Aug 2, 2011 |
Our caution over the last few weeks has been warranted after these past two days. I’d love to say we are about to bounce and recover, but at this point all rallies will be sold into. The VIX moved 5% today, but the 5% came at the end of the day. The debt deal...
