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...
by Big Wave Trader | Aug 6, 2015
A late afternoon rally lifted stocks into the close, but the selling throughout the day took a toll on the market ahead of Friday’s job report. The NASDAQ lead all major market averages lower as volume rose on the session. Another negative sign was the index moving...
by Big Wave Trader | Aug 6, 2015
A weakier than expected ADP report pushed futures higher prior to the open. Weak data is perceived as a positive as the Federal Reserve is data dependent. Any possibility the Fed pushes out hiking rates will be seen as a positive. DIS shares were lower as the company...
