by Big Wave Trader | Apr 10, 2012
European fears helped send stocks lower as Spain and Italy fears continue to gain traction. The big deal with Spain and Italy is simply the size of their economies and it is the size striking fear in the market. Sellers dominated the entire session as volume sky...
by Big Wave Trader | Apr 9, 2012
The March jobs report released on Friday was quite disappointing as just over 100,000 jobs were created. A record number of people leaving the labor force helped unemployment drop to 8.2%. Futures indicated the market wasn’t about to respond well to a poor jobs report...
by Big Wave Trader | Apr 7, 2012 |
The Big Wave Trading market model went through a serious of changes this week turning from a full BUY signal to a cautious BUY signal to a NEUTRAL signal by Thursday. This NEUTRAL signal means that there is no statistical edge one way or the other as measured by all...
by Big Wave Trader | Apr 4, 2012
Today’s market session sends the market into correction mode switching the Big Wave Trading market model to neutral. Selling dominated the session as gold and silver prices fell hard on the news the Fed would not immediately step in with QE3. Volume jumped on the day...
by Big Wave Trader | Apr 3, 2012
The market will have to go it alone without the Fed as the FOMC meeting minutes revealed the central bank is sitting on its hands. What was the impressive part of the day was not the move off the lows of the session, but leading stocks kicked ass and took names. While...
