by Big Wave Trader | Aug 13, 2015
All appeared well until the final hour of trading. Retail sales kicked off the morning with month-over-month figures coming in-line expectations. Crude oil continues to sink to multi-year lows and there is no end in sight. This market simply could not follow-up...
by Big Wave Trader | Aug 12, 2015
A wild day on Wall Street as the stock market takes a roller coaster ride finishing in the green. Volume jumped day-over-day as selling volume was gigantic early this morning. AAPL kick started the rally with its losses being reversed by lunch time. Others followed...
by Big Wave Trader | Aug 12, 2015
Futures are getting hit once again after yesterday’s sell-off. Tread carefully. Here is what we are watching intraday: 3 Week Tight: ROST ANET MASI JKHY ECPG VASC HEOP Potential Longs: TTI FORD TUBE DNRG Potential Shorts: AQXP AREN NUGN See you in the chat...
by Big Wave Trader | Aug 12, 2015
Monday’s rally was fueled by speculation the Chinese government was ready and willing to do another round of stimulus to boost its economy. What we got was the Chinese government was another county entering the current currency wars. Devaluing the Yuan was a...
by Big Wave Trader | Aug 10, 2015 |
Overnight there were dismal economic data out of China, but like magic hopes of stimulus from the most populated country helped send its markets higher. Like a trickle-down effect world markets followed suit. US futures were certainly higher reacting to world markets....
by Big Wave Trader | Aug 9, 2015
Major market averages sold off on Friday on lower volume across the board. Along with the lower volume, major market averages staged a decent rally off the intraday lows, mitigating the damages from the intraday session. However, for those that want to see the market...
