Stocks Fall Hard in Heavy Turnover

Yesterday’s gains were quickly erased today by heavy volume selling. There was not much to cheer about except GPRO continuing to add to its gains. Sellers were in complete control of the market for much of the day. Buyers were simply absent and were not around to...

Global Rally in Stocks Continues

Despite volume coming in lower than the 50 day average, stocks advanced.  We continue to see a plethora of stocks setup, breakout, and add to gains.  It is very important we continue to see this type of action from the stocks we are following.  Crude oil slumped once...
Massive Selling has our Market Model Switch to Sell Mode

Massive Selling has our Market Model Switch to Sell Mode

Massive selling today pushes the Big Wave Trading market model to SELL mode.  For whatever the reason sellers were in control for the entire day sending stocks lower in massive turnover. The S&P 500 dove through its 50 day moving average in massive turnover.  Only...