by Big Wave Trader | Jan 24, 2016
Hello everyone. I hope you are enjoying your winter weekend and I hope everyone is staying warm on the East Coast. Getting to the overall market, stocks rallied hard on Friday with the market undergoing one of its classic V-shaped oversold bounces. Unfortunately for...
by Big Wave Trader | Jan 21, 2016
Just another day in paradise as stocks enjoyed another roller coaster session led by the Dow Jones Industrial average. Today was just another example of a lackluster market where even extreme oversold conditions cannot muster a solid session for the market. Even a...
by Big Wave Trader | Jan 20, 2016
Another wild day on Wall Street as stocks reached new yearly lows with the Dow Industrials down more than 200 points. The bright side today was the ability for small caps to rebound from deep early losses. Volume rose across the board by more than 20% and with the...
by Big Wave Trader | Jan 19, 2016
Coming off a long weekend futures were set to push higher after positive economic news out of China overnight. It was clear for the onset sellers would regain the upper hand as stocks immediately began to sell off as soon as the market opened. After a quick rally for...
by Big Wave Trader | Jan 19, 2016
Thursday’s attempted bounce did not last long as stocks sold off hard across the board on Friday on heavier volume adding yet another distribution day to the overall market. However, despite the sell off, there were some bright spots overall. The Russell 2000...
by Big Wave Trader | Jan 15, 2016
Whether we have seen a long-term low remains to be seen, but today’s reversal signals at the very least a short-term low. The market gapped up on JPM earnings, but at the open sellers were able to regain control and send the market lower. It looked like we were...
