by Big Wave Trader | Feb 2, 2016
Despite gains from Alphabet (GOOGL) the market could not hold off sellers as crude oil sunk more than 5% on the session. Bonds rallied on the day with the 10 year yield move below 1.9%. Why this is occurring is anyone’s best guess, but we are not about to argue with...
by Big Wave Trader | Feb 1, 2016
NASDAQ 100 led the market higher while the S&P 500 and Dow finished flat on the session as crude oil prices slumped. Small caps fared the worst with a decline of 30bps. FB continued its march into new high territory while AMZN struggled again. Our FANG stocks have...
by Big Wave Trader | Jan 31, 2016
This weekend’s update is a video commentary/lesson. Enjoy! TOP CURRENT HOLDINGS – PERCENT GAIN – GAIN SINCE SIGNAL DATE UVXY long – +45% – 12/2/15 ANFI long – +33% – 11/16/15 AGRO long – +29% –...
by Big Wave Trader | Jan 28, 2016
Disappointing durable goods orders could not keep the market down as rising crude prices and FB pushed the market higher. First, FB reaction to earnings certainly boosted the market as the company destroyed expectations. Crude helped futures gallop higher after a...
by Big Wave Trader | Jan 27, 2016
A volatile session as early morning losses were erased after the European close only to be spoiled by the FOMC statement. All eyes were on the Fed with the statement release at 2pm EST would set the tone for the day. Volume was above average on the session and given...
by Big Wave Trader | Jan 26, 2016
Stocks advanced ahead of tomorrow’s conclusion of the most recent FOMC 2 day meeting. While most pundits and traders are not expecting any interest rate cuts it will be the language in the 2nd paragraph most will scrutinized. We are still without a follow-through type...