by Big Wave Trader | Jan 27, 2020
A new threat to the market comes from a virus as outbreak continues to spread. Like the Swine Flu and Ebola virus the threat is real and human life will be impacted. Will it be contained? The optimist says yes, but we are not here to predict when or whether the virus...
by Big Wave Trader | Jan 21, 2020
The ability for this market to continue this pace is on the borderline of absurd. Regardless, of what we may think where this market is about to head, we must make sure we maintain our risk process. How many traders last week bailed on the market thinking we were...
by Big Wave Trader | Jan 16, 2020
At some point this market will have a correction and many will rejoice. Since October this market has been on a run. Regardless of your opinion where we are gains were had since we paid attention to the number one indicator: Price. Opinions do not get you paid in the...
by Big Wave Trader | Jan 14, 2020
This stock market has been on quite the tear since October. We have been able to maintain above the major market averages. Despite potential war with Iran the stock market has continued to maintain its trajectory. At some point this market will have a correction and...
by Big Wave Trader | Jan 9, 2020
The market continues to defy the laws of gravity hitting new all-time highs despite tensions over Iran. After Iran’s retaliation Dow futures were down more than 400 points. It appeared as if we were on the verge of getting our correction. By morning, futures were...
by Big Wave Trader | Jan 6, 2020
Regardless of your political persuasion we do have an impact to the market. Now, we have been on quite a tear and it would not surprise us to see the market pullback. What kind of pullback? Remains to be seen. However, we must remain disciplined in our approach to the...
