by Big Wave Trader | Mar 14, 2012
After hitting multi-year highs the stock market went into a volatile intraday session. Volume ended lower across the board, but it was bond yields continuing to push higher that were the talk of the street. TLT dropped more than 2.5% on the day as sellers of bond hit...
by Big Wave Trader | Mar 13, 2012
Market Timing Model switches to Buy Mode Economic news was thrown aside today as the Federal Reserve and banks spark buyers to come back into the market. Advance retail sales figures came in line with expectations and didn’t provide much of a spark for the market. All...
by Big Wave Trader | Mar 12, 2012
Greece triggering ISDA’s rules of a credit event was a non-factor today. There was very little carry over from Friday’s event and the action resembled a good day of consolidation. Volume was light across the board as traders await tomorrow’s Federal Reserve rate...
by Big Wave Trader | Mar 10, 2012
“The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a chance.” “Dramatic and emotional trading experiences tend to be negative. Pride is a great banana peel, as are hope,...
by Big Wave Trader | Mar 8, 2012
A slightly disappointing jobless claims figure dampened the mood pre-market. Sellers quickly took hold and pushed the market to the lows of the session. It didn’t take long for buyers to step up and reverse the market’s fortune. It appeared the fears over Greece’s...
