by Big Wave Trader | Dec 16, 2019
With the first phase of a trade deal out of the way and the last FOMC meeting of the year pundits turn to the impeachment vote. Whether it has much of an impact to the stock market remains to be seen. Friday’s market had small caps the big losers on the session while...
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 13, 2016
Let’s cut to the chase this market is certainly trading like there is something greater afoot. What that is we have no idea, but the fact of the matter remains we continue to see high volume selloffs and a lack of any buying interest. Today’s action continues to...
by Big Wave Trader | Aug 25, 2015
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. We continue to...
by Big Wave Trader | Aug 24, 2015
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 been able to...
