by Big Wave Trader | Aug 8, 2019
After some relentless selling the stock market has been able to stabilize over the past two trading sessions. Wednesday morning traders were greeted with falling bond yields sending stocks much lower. Sellers appeared to take over and we were in for another day of...
by Big Wave Trader | Aug 6, 2019
Selling was unrelenting for much of the day on Monday as investors and traders alike fled for the hills. Fears continue over the Trade Dispute between China and the US continues. Regardless of your opinion the stock market does not take kind to this situation and...
by Big Wave Trader | Aug 5, 2019
Futures are indicating a painful open for bulls as renewed fears regarding China-US relations. Europe is suffering the same at this point. The Shanghai fell 1.65% while Hong Kong shares fell nearly 3% during the overnight session. Stocks have done nothing but fall...
by Big Wave Trader | Aug 2, 2019
The day did not begin that badly for the stock market given the way Wednesday ended. A rebound was in place. Trump decided to tact on new tariffs on Chinese goods. What we saw from the market really wasn’t a big surprise. A China trade deal has been a thorn in the...
by Big Wave Trader | Aug 1, 2019
We did say volatility would be a factor post FOMC announcement and the stock market most certainly did not disappoint in that department. Stocks went on a wild ride after the FOMC announced a 25bps cut and hinted it would likely be the only one. The stock market did...
by Big Wave Trader | Jul 31, 2019
The wait is over for many traders as the last day of July for 2019 has arrived and the FOCM will make its latest policy decision. Expectations are the Central Bank will cut interest rates by 25 basis points, but many believe should be more. All eyes will be on the...