by Big Wave Trader | Jan 11, 2016
Despite the Shanghai closing down by more than 5% US Stock futures began the day in positive territory. Unfortunately, the party did not last long as sellers regained control pushing stocks lower for much of the morning continuing into the early afternoon. While the...
by Big Wave Trader | Jan 11, 2016
There is not much to say that we have not been saying in our commentary for the past month. The leadership, breadth, and price action has been hinting that there were problems in this market since the August sell off and it became more clear following the December...
by Big Wave Trader | Jan 8, 2016
China fears continue to mount as circuit breakers halted China’s stock exchanges overnight. US futures took a pounding all throughout the early morning. Today’s session once again proved why cash is king. At the close the market officially had its worse 4...
by Big Wave Trader | Jan 6, 2016
Overnight North Korean authorities confirmed they had successfully tested a hydrogen bomb. Whether or not we can believe they were able to the markets did not take kindly to the news. US futures were hit hard and continue to head lower into the US open. ISM...
by Big Wave Trader | Jan 5, 2016
The good news was we did not see a continuation of selling we saw at Monday prior to a late day rally. However, the bounce was quite weak with volume collapsing more than 20% across the board and with small gains. At least the Russell 2000 was able to grab the lead....
by Big Wave Trader | Jan 4, 2016
Overnight Chinese markets were halted as selling flooded their markets causing circuit breakers to halt trading for the day. Markets around the world reacted negatively and continued through the European market close. Volume ended higher across the board as...
