by Big Wave Trader | Feb 11, 2016
The market wanted something out of Yellen it did not get. All the morning gains were gone by the end of the session as Yellen never took a rate hike in March off the table. Even with slim odds of a rate hike in March the market definitely needed to hear Yellen was not...
by Big Wave Trader | Feb 10, 2016
Just another day in the markets and another day where intraday volatility was big again. Early morning losses were quickly gobbled up by buyers, but the market would stall and fail to close in the green. For the day we ended with a dud and we continue to lack any...
by Big Wave Trader | Feb 9, 2016
This market continues to move lower while investors continue to be complacent. The VIX remains at a lower level then we saw in August of last year. We simply do not have any fear this market may continue to fall lower. Banks continue to suffer heavy losses while...
by Big Wave Trader | Feb 7, 2016
It is Super Bowl weekend so I am going to make this weekend update short and sweet. Our operational models all remain under across the board SELL signals in every major market index. This has been the case all year long in 2016 and will continue to be the case until...
by Big Wave Trader | Feb 5, 2016
A positive for this market was we were able to withstand any selling, but pushed forward a bit. The Dow Jones beat out the S&P 500 and NASDAQ Composite for the second day in a row. Dow Transports jumped more than 3%. Volume did not overcome Wednesday’s volume, but...
by Big Wave Trader | Feb 4, 2016
A big move in crude oil and the dollar getting hit hard helped propel stocks well off their session lows during Wednesday’s session. Crude jumped nearly 9% on the day after falling 6% in back to back days. GOOGL and AMZN did not fare as well as the Dow Industrials as...
