by Big Wave Trader | Nov 18, 2016
It is no big secret the Federal Reserve is about to raise rates in December. Odds stand at 96% and the move in yields since Trump’s victory certainly signal the market is anticipating a rate hike. All the while the stock market has pushed higher. Russell 2000 has been...
by Big Wave Trader | Nov 17, 2016
A light volume pullback is what the doctor ordered and we finally saw a pause in the recent uptrend. The Dow needed to a break after closing higher for 7 straight days. It has been a nice run since last week’s election. A key point is certainly volume coming in lower...
by Big Wave Trader | Nov 16, 2016
After struggling for a few sessions, the NASDAQ decided to join the rally today. Volume was lower across the board. We did see some consolidation early in the session, but buyers were not ready to give up just yet. We were looking to see some consolidation in Small...
by Big Wave Trader | Nov 15, 2016
The Trump rally continues except for those in Silicon Valley who chose to back another candidate. Transportation stocks continue their rally as Buffet disclosed positions in airline stocks. Facebook, Apple, Amazon, Netflix, and Google continue to be sold in heavy...
by Big Wave Trader | Nov 14, 2016
What a wild month it has been. I was knocked out of some of my long positions before the election but not completely out of all them. Using the partial sell stop methodology with uptrending stocks in this market has paid off sometimes and has not other times. The...
