by Big Wave Trader | Sep 18, 2016
The move in the overall market the past week is yet another perfect example of why you obey your stops and not your emotions. It is unbelievable to think that not only is the Nasdaq above last Friday’s open but the Nasdaq 100 is higher than where it opened last...
by Big Wave Trader | Sep 11, 2016 |
Friday’s session was about as ugly as a reversal from 52-week highs as you are ever going to get. Stocks were absolutely monkey-hammered on Friday sending all of the major market averages either through or to their 50-day moving averages on extremely heavy...
by Big Wave Trader | Sep 5, 2016
It was all about the jobs report on Friday and the actual report was exactly what wall street was looking for as stocks started off the day with a gap and go move higher. The strong start to the day gave way to some selling but before the market could go red on the...
by Big Wave Trader | Aug 29, 2016
Friday was all about Janet Yellen and Jackson Hole. All week long it was all that traders talked about so it was good to finally see this day come and go. While we knew it would be a wild one I am 100% sure most traders thought it would be more dovish than what the...
by Big Wave Trader | Aug 21, 2016
Following a nasty little early morning selloff, stocks were able to find support soon afterwards and climb steadily higher throughout the session to finish slightly lower on the day. Not too bad, considering how we were trading early in the morning. Volume was higher...
by Big Wave Trader | Aug 14, 2016
Major stock averages ended the week the way they have traded throughout the past few weeks. With resilience. Stocks started off the day on a solid note but sold off to new intraday lows by midday before bouncing back and rallying into the close with the Nasdaq closing...
