by Big Wave Trader | Nov 10, 2016
Who would have thought Trump would win the presidency and the market would follow-through to the upside. Many pundits were calling for a market collapse if Trump would become President. We have been cautioning not to jump to conclusions about what this market may or...
by Big Wave Trader | Nov 9, 2016
On the day of the election stocks were able to close in positive territory. This market has bounced back after a 9-day sell-off. Volume in the S&P 500 index was lighter on the session as well as the NASDAQ. Whether this was simply short-covering into the election...
by Big Wave Trader | Nov 8, 2016
Now we finally have the election in front of us and if today’s action is an indication the next few days should be fun. One day does not make a trend, but we do have a positive development. Volume was light across the board despite big price gains. Feels like short...
by Big Wave Trader | Nov 6, 2016
The SP-500 finished lower for the ninth straight session following Friday’s session marking the first time that has happened since 1980. This market has made it a habit of pulling punches this year as the volatility and lack of trends has been beyond a nightmare...
by Big Wave Trader | Nov 4, 2016
We simply cannot find any buyers willing to step in and support this market. Volume was lower across the board, but price destruction continues and there does not appear to be anything stopping it. Clearly the election has many on the defensive. The only time we see...
