by Big Wave Trader | Nov 17, 2016
A light volume pullback is what the doctor ordered and we finally saw a pause in the recent uptrend. The Dow needed to a break after closing higher for 7 straight days. It has been a nice run since last week’s election. A key point is certainly volume coming in lower...
by Big Wave Trader | Nov 16, 2016
After struggling for a few sessions, the NASDAQ decided to join the rally today. Volume was lower across the board. We did see some consolidation early in the session, but buyers were not ready to give up just yet. We were looking to see some consolidation in Small...
by Big Wave Trader | Nov 15, 2016
The Trump rally continues except for those in Silicon Valley who chose to back another candidate. Transportation stocks continue their rally as Buffet disclosed positions in airline stocks. Facebook, Apple, Amazon, Netflix, and Google continue to be sold in heavy...
by Big Wave Trader | Nov 14, 2016
What a wild month it has been. I was knocked out of some of my long positions before the election but not completely out of all them. Using the partial sell stop methodology with uptrending stocks in this market has paid off sometimes and has not other times. The...
by Big Wave Trader | Nov 13, 2016
That was officially one of the craziest weeks in the stock market I have ever been a part of outside of 2000, 2008, and the Brexit. Two in one year. Impressive to say the least. The velocity of the recovery to new highs in the DJIA and RUT was not only incredible but...
by Big Wave Trader | Nov 11, 2016
Just when you thought the market could not get any weirder we give you today’s market. Everything was going well until 10am EST then the FAANG stocks began to sell-off. It was not run of the mill selling. Sellers pounded on the FAANGs and did not hold back. On the...
