by Big Wave Trader | Sep 12, 2016
Early morning futures were not painting a pretty picture to begin the week. Europe was following along with the DAX down more than 2% prior to the US market open. It did not take long before Fed talking heads to begin releasing their dovish rhetoric. Friday’s...
by Big Wave Trader | Sep 12, 2016
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by Big Wave Trader | Sep 11, 2016 |
Friday’s session was about as ugly as a reversal from 52-week highs as you are ever going to get. Stocks were absolutely monkey-hammered on Friday sending all of the major market averages either through or to their 50-day moving averages on extremely heavy...
by Big Wave Trader | Sep 9, 2016
Prior to the market open we received news the European Central Bank released its latest policy decision and the market did not like it. Perhaps they were looking for more QE, but Draghi did mention they are able to adjust how QE is being executed. European stocks were...
by Big Wave Trader | Sep 8, 2016
If our commentary is repetitive it is because this market continues to trade in a tight range. There is not much excitement when the market trades so tightly. We have intraday movers and our holdings are doing well. Today’s session was solid as our holdings continue...
by Big Wave Trader | Sep 7, 2016
We hope everyone had a safe and enjoyable holiday weekend. Traders were greeted with solid gains as many leaders added to their recent gains. AMZN and FB continued their dominance as both stocks continue to hit all-time highs. NASDAQ stocks led the way as the index...