by Big Wave Trader | Sep 8, 2012
The Big Wave Trading portfolio remains under a BUY condition with strong confirmation of the original signal coming on Thursday when every single important stock market index we track broke out convincingly on enough volume to qualify the breakout as strong. The tight...
by Big Wave Trader | Sep 6, 2012
Mario Draghi and the ECB took center stage this morning announcing a new bond buying program. The ECB delivered on its rhetoric it would do all within its power to save the EURO. Stocks cheered the move and futures rallied. ADP employment figures came in better than...
by Big Wave Trader | Sep 5, 2012
It is clear the market is waiting on the European Central Bank and the US Federal Reserve to act. Volume ended mixed with NYSE volume coming higher and NASDAQ ending lower. Institutions are certainly holding back from making any serious bets until central banks act....
by Big Wave Trader | Sep 4, 2012
Another bullish intraday reversal in the market shows buyers are still willing to support the market. Disappointing ISM Manufacturing reading did usher in heavy selling as volume jumped. However, once again by eleven o’clock buyers began their operations and supported...
by Big Wave Trader | Aug 31, 2012
The Big Wave Trading Portfolio remains under a BUY signal from 8/3/12, following the past week in the stock market. There was not much that went on this week that changed anything from the previous BWT Portfolio update. The only significant event this week occurred on...
