by Big Wave Trader | Dec 12, 2011
Europeans continue to dominate the headlines while the Shanghai Composite continues to strike new 52 week lows. News outlets continue to focus on the European markets and their debt situation while completely ignoring what is going on the mainland of China. Early...
by Big Wave Trader | Dec 11, 2011
Big Wave Trading is currently long numerous positions in the IRA and margin accounts. These accounts will both be heavily invested after the round of purchases on Monday. The overall model continues to be in a neutral mode (due to the lack of volume follow through...
by Big Wave Trader | Dec 9, 2011
I am not much into the macro, when it comes to taking buy and sell signals, as it is useless in my system. However, I know how severely things are screwed up out there. I also know how little the politicians of both parties do not give a rat’s behind about you...
by Big Wave Trader | Dec 8, 2011
Late day headlines regarding the current Eurozone situation fail to inspire and sellers take to the market pushing stocks to the lows of the session. Volume rose on the day, but once again was below the 50 day average volume. Institutions weren’t out in full force...
by Big Wave Trader | Dec 7, 2011
Very little economic news hit the wires this week, but they would have been overshadowed by European headlines. Volume continues to be well below average suggesting institutions are and continue to be on the sidelines. Late in the trading session headlines emerged of...