by Big Wave Trader | Feb 22, 2012
Another quiet day on Wall Street where stocks close near the lows of the session, but volume falling below yesterday’s level avoiding a day of distribution. We did receive downbeat news from the housing sector sending homebuilders lower. Gold (GLD) and silver (SLV)...
by Big Wave Trader | Feb 21, 2012
Crude oil surged past $105 a barrel as tensions in the Middle East continue to be escalated. Stocks were mixed; the surge in crude is not a welcome sign for the fragile economic recovery. Volume was lower than Friday’s level, but volume has been and continues to be...
![September 2010 to February 2011 Trading Statistics]()
by Big Wave Trader | Feb 20, 2012
In his Silver Longs commentary of February 18, Josh states: “…during trending markets, we will be wrong 3-4 times and right 6-7 times (at worst 50/50) so the gains really take care of the losses.” Here’s an analysis of his trades during the uptrend of September 2010...
by Big Wave Trader | Feb 18, 2012
The Big Wave Trading Market Model remains under a full BUY signal. This buy signal was signaled on 1/5/2012 and has not had a change since. The distribution day had zero effect on the model and thus being fully invested on the long side continues to be the mode of...
by Big Wave Trader | Feb 16, 2012
There were many market top callers coming out of the wood work after Wednesday’s market. Sure, it didn’t look good at all. On top of it all AAPL appeared to put in a topping candle with huge volume. Buyers stepped up in a big way supporting the market, but the...
