by Big Wave Trader | Jun 26, 2016
There is no question that what we saw on Friday was a complete shock to the overall stock market. Despite what Monday-morning Quarterbacks were saying on Twitter, the market had absolutely priced in the possibility of a no vote at 100%. This is the very first stock...
by Big Wave Trader | Jun 20, 2016
Friday was a poor session overall with volume rising significantly from the session before due to quadruple witching. However, stock indexes managed to hold their Thursday lows and there was further follow through to the bounce in DB and CS which were both looking...
by Big Wave Trader | Jun 12, 2016
Friday’s sell off is exactly why you do not want the stock market to rally in a straight v-shaped fashion, as we just saw the Russell 2000 do once again. As I mentioned many times during the past week, my momentum oscillators were all entering overbought ranges,...
by Big Wave Trader | Jun 5, 2016
Friday was yet another display of positive intraday price action by the overall market as an early morning sell off found support shortly after 10am and stocks spent the rest of the session rallying higher. The difference this time is that there was not any late day...
by Big Wave Trader | May 29, 2016
Stocks staged quite a powerful session on Friday with all of the major market indexes going out at the HOD across the board. While volume was slightly lower than the prior session it was only lower by about 5% on both exchanges. Considering it is a three day weekend...
by Big Wave Trader | May 22, 2016
It wasn’t a great session on Friday but considering how the week was playing out it definitely was welcomed by the bulls. Stocks rallied early on in what was shaping up to be a very impressive Friday rally. However, selling took over around noon and stocks trended...
