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 | 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...
by Big Wave Trader | May 1, 2015
Following through on yesterday’s poor action sellers hit the market hard once again today. End-of-the-month volume pushed the market to a distribution day across the board. Today’s session knocks us back into neutral mode as this selling pressure continues to...
by Big Wave Trader | Mar 20, 2015
As March Madness begins the market had a solid quiet inside consolidation day. Biotech stocks were once again the talk of the town as many stocks were jumping higher. Once again small cap stocks were the winners today with the NASDAQ Composite just behind. The Dow...
