by Big Wave Trader | Apr 9, 2020
We have seen the market recover from the COVID-19 lows set back in March. Fears over what the pandemic would do to the overall economy. When you shut down the largest economy in the world there are going to be ramifications. Those will be immediately felt by those who...
by Big Wave Trader | Apr 6, 2020
For the second time in two weeks Small Cap stocks notch a follow-through day. Follow-through days always proceed a stock market rally. While not always 100% correct no rally ever begins without a day with big price gains with volume higher than the previous session....
by Big Wave Trader | Mar 10, 2020
This market has been brutal for stock market bulls. We have warned and warned time and again this market and how to always protect your downside risk. The rally from October 2019 was nice in terms of gains, but a correction was always around the corner. No one could...
by Big Wave Trader | Mar 5, 2020
Wednesday’s market action comes off the heels of Tuesday’s surprise Federal Reserve rate cut and Super Tuesday. Politics aside, the presidential race should provide traders with cocktail party ammunition only. As price is our guide there is no reason for us to spend...
by Big Wave Trader | Mar 3, 2020
A huge day for the stock market entering the week as traders and investors alike are adjusting after last week’s wild ride. Friday’s session certainly appeared as if we saw capitulation at least in the near term. Given the massive volume on Friday and where the...
by Big Wave Trader | Feb 28, 2020 |
Fear of contagion is real amongst traders sending stocks lower. Where this market heads next is anyone’s guess it has paid to have a risk management strategy. Cutting your losses and proper position sizes have helped tremendously. Even hedges have helped quite a bit....