by Big Wave Trader | Aug 19, 2014
For the past seven out of eight days the NASDAQ has seen a positive close. Today, the S&P 500 would take over leading the market higher as volume across both the NYSE and NASDAQ fell from yesterday’s levels. Lagging once again was the Russell 2000. Whether or...
by Big Wave Trader | Aug 19, 2014
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...
by Big Wave Trader | Aug 7, 2014
What appeared to be a solid rally off the lows lost steam after noon eastern standard time. At the open it certainly looked like we were going to continue Tuesday’s sell off. Sellers were simply exhausted in the near term as buyers took over pushing stocks to the...
by Big Wave Trader | Aug 6, 2014
Forget the ISM figures and other economic data point the geopolitical issues in the world are causing jitters to increase. The market did take a bit of a dip after the release of the ISM non-manufacturing numbers. However, the market was able to stabilize and inch...
