by Big Wave Trader | Jan 13, 2016
Let’s cut to the chase this market is certainly trading like there is something greater afoot. What that is we have no idea, but the fact of the matter remains we continue to see high volume selloffs and a lack of any buying interest. Today’s action continues to...
by Big Wave Trader | Jan 12, 2016
Another roller coaster ride for the market’s today as Crude Oil dipped below $30 during the session. NYSE volume ran hot day over day, but fell on the NASDAQ. The NASDAQ 100 index led all market indexes and recorded back to back days of gains. The good news for the...
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...
