by Big Wave Trader | Jun 28, 2016
After two days of getting pounded stocks rebounded lead by the NASDAQ composite index. Volume was lacking and today’s bounce looks to be a dead cat bounce for now. While it was nice to see the market bounce it is likely just a pause before we continue lower. We could...
by Big Wave Trader | Jun 27, 2016
Continuing Friday’s selling traders and investors alike collective sold stocks lower as political pundits rush to get their opinions heard on Brexit. Regardless of the vote, the market is clearly trying to re-price the British leaving the European Union. Financials...
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 23, 2016
We are now just one day away from the Brexit vote and we cannot be more ecstatic to see it finally arrive. There has been endless coverage and not just here in the states. The entire globe is watching what the Brits will do. Market participants are doing the same as...
by Big Wave Trader | Jun 22, 2016
Brexit is nearing its end, but it was time for the US Federal Reserve chairwoman to take center stage. The market was quite indifferent to the chairwoman’s testimony on the Hill today. For the most part today was a relatively quiet day in the indexes. The day’s range...
