by Big Wave Trader | Jan 15, 2019
It is that time game again as companies begin reporting quarterly earnings report. Given the political and economic backdrop it will be interesting to see how the market reacts. We have had quite the run off the December lows back up into resistance. Earnings and...
by Big Wave Trader | Jan 10, 2019
Stocks continue their march off the lows despite the US Government shutdown continuing as well as fears over a global recession. The government shutdown continues in its 3rd week and while most focus on what “might” happen ours continues to the market itself. Volume...
by Big Wave Trader | Jan 8, 2019
Monday’s session saw stocks continue the rally from last week. Technically we are in a confirmed market rally as Friday’s big gains came with volume. Will this new confirmed rally work? The answer to the question is anyone’s best guess. There aren’t a lot of stock...
by Big Wave Trader | Jan 2, 2019
We hope you had a great and safe holiday season. We have quite the market environment and one which likely continue for the foreseeable future. Stocks are set to open 2019 in the red with futures indicating the major averages will open lower by more than one percent....
by Big Wave Trader | Dec 27, 2018
Following the worst Christmas Eve trading day ever the market produced one of the best day of gains ever. If this trading doesn’t scream bear market trading we don’t know what does at this point. The opportunities are certainly with intraday trades. The long side of...
by Big Wave Trader | Dec 19, 2018
Monday’s session reeked of a Bear Market and Tuesday’s was not any different. This type of lackluster performance does not breed confidence this market can muster a viable rally. It isn’t a secret higher rates are of great concern to the market as well as tariffs. The...
