by Big Wave Trader | Aug 8, 2019
After some relentless selling the stock market has been able to stabilize over the past two trading sessions. Wednesday morning traders were greeted with falling bond yields sending stocks much lower. Sellers appeared to take over and we were in for another day of...
by Big Wave Trader | Jul 17, 2019
While we are not going to issue an all-out sell signal, Tuesday’s distribution day should highlight the need to have an exit strategy in place. While the Russell 2000 as measured by IWM inched out gains the broader market did not and ultimately ended the day in...
by Big Wave Trader | Jun 7, 2019
Thursday’s session saw Industrials lead the way while volume dropped on both exchanges. We have seen volume drop in consecutive days indicating this may just be a dead cat bounce. This does not mean after the jobs report prior to Friday’s session we cannot see a...
by Big Wave Trader | May 31, 2019
The stock market remains in a precarious position. While it is oversold, we are in a spot where anything can happen. Just because the market is oversold doesn’t mean it cannot get worse. At this point, with Trump adding new tariffs to Mexican goods the market is not...
by Big Wave Trader | Jan 4, 2016
Overnight Chinese markets were halted as selling flooded their markets causing circuit breakers to halt trading for the day. Markets around the world reacted negatively and continued through the European market close. Volume ended higher across the board as...
