by Big Wave Trader | Sep 11, 2014
A quiet day for economic news for CNBC and Bloomberg as they continued their focus on the NFL’s handling of the Ray Rice situation. AAPL was able to climb higher today after yesterday’s roller coaster ride. The stock was able to push the NASDAQ higher despite the...
by Big Wave Trader | Aug 27, 2014
A late afternoon selling hiccup just before the final hour was just about all the excitement for the day. Early morning selling kicked us off and it too found support, but with volume so low it really cannot be chalked up to institutions rushing in to support...
by Big Wave Trader | Aug 26, 2014
The S&P 500 failed to hang on to 2000, but it still closed in all-time highs. Over on the NASDAQ the index hit a 14 ½ year high. Volume on the NASDAQ was higher, but lower on the NYSE. IWM remains well below its all-time high and has a bit of work in order to...
by Big Wave Trader | Aug 1, 2014
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...
by Big Wave Trader | Jul 31, 2014
Despite a disappointment from the ADP Employment report the market received good news as second quarter GDP came in at 4%. The GDP figure came in well ahead of expectations pushing futures higher prior to the market open. Unfortunately, the highs set in the morning...
