by Big Wave Trader | Nov 15, 2012
A late day push helped the market from closing near the lows of the session. Disappointing bottom callers the market was couldn’t rally and close into positive territory. Volume dropped from Wednesday’s level, but at this point we’ll need to see a heavy volume...
by Big Wave Trader | Nov 14, 2012
Despite CSCO and ANF gapping higher the market could not overcome selling. Once again volume jumped on the day as Institutional Investors dumped stock on the market. We did see some movement from the VIX, but the fear index remains tame under 20. Selling picked up...
by Big Wave Trader | Nov 13, 2012
The beginning and end of day action were quite the opposites today. Clearly institutions were selling hard in the final hour pushing stocks back to near session lows. Nothing is surprising in this market, but when you have the market getting support only to be sold is...
by Big Wave Trader | Nov 12, 2012
Volume and the VIX were the two biggest stories of the day. The Bond Market was closed due to Veterans Day, but it would have been just as well if the Stock Market was closed. According to Investor’s Business Daily volume was down almost 61% on the NYSE. Over on the...
by Big Wave Trader | Nov 11, 2012
The Big Wave Trading Portfolio remains under a SELL signal on the Nasdaq, SP 500, Russell 2000, and Dow Jones Industrial Average. We have trend following signals working on some ETFs and leveraged ETFs in the stock and option market and will be looking to add to these...
