8/27/15 Big Wave Trading Video Lesson

https://www.youtube.com/watch?v=hOrP5_Ex1do … [Read more]

Stocks Finally Close Green; NASDAQ Leads Market Higher

After gapping to the positive side the market drifted lower for much of the morning and into the afternoon. Durable Goods headline was better than expected, but underneath the report there were a few warning flags. We did see buying interest jump … [Read more]

Carnage at the Close; Stocks Fall Again

After an impressive open the final hour of trading saw the NASDAQ lose more than 100 points and the Dow lose more than 500 points. The selling was relentless at the close and completely shut down the morning rally after the Chinese cut lending rates. … [Read more]

Epic Volatility Hits the Street; Stocks Lower

Overnight the markets were rocked by Chinese markets as the Shanghai crashed more than 8%. Concerns over the Chinese economy and its ripple effects were the talking heads excuse for the selling. The Dow has been in a downtrend and the S&P 500 has … [Read more]

Big Wave Trading Update And Top Current Holdings

Stocks were absolutely gutted on Friday, following a nasty sell off on Thursday, on extremely large volume. The back-to-back sell offs look extremely similar to another period of time when we sold off hard on huge volume near recent all-time highs … [Read more]

Stocks take a Pounding

Sellers continued their conquest today with pushing stocks below multi-month lows. Volume jumped 11% on the NYSE and more than 18% on the NASDAQ. We are certainly entering in a dangerous market where things can get out of hand real quick. The VIX was … [Read more]

A Roller Coaster Ride for Stocks; Weakness Prevails

A wild ride for stocks today as indexes erased more than 1% in losses only to close lower on big volume. The VIX closed higher above its 50 day and 200 day moving average. At 2pm at the release of the latest FOMC meeting minutes it appeared stocks … [Read more]

Shanghai Drops 6% Overnight; Economic Data Continues to Disappoint

Overnight we saw the Shanghai lose more than 6% on above average volume. Economic data fails to impress, but this is the norm. Selling was persistent throughout the session. The NASDAQ fell below its 50 day moving average in a sign this market is … [Read more]

Stocks Rebound after dismal Economic Data

A terrible reading from the Empire Manufacturing survey sent stock futures lower. Early morning weakness would give way to buyers as a slow "melt up" would lift the NASDAQ Composite and S&P 500 back above their respective 50 day moving averages. … [Read more]

Big Wave Trading Portfolio Update And Top Current Holdings

Another week of summer trading came to a close on Friday with stocks managing to rally on paper thin volume in slow listless trading. This little rally closed out a week where stocks were able to bounce but unfortunately bounce with no conviction, … [Read more]