by Big Wave Trader | Jul 5, 2016
After the July 4th holiday weekend US stocks started the week off with a distribution day. A late day rally lifted the market during the final hour of trading. Not the type of action you want to see in a pullback, but this market is far from “normal.” Perhaps this is...
by Big Wave Trader | Jul 4, 2016 |
The fireworks started early on Maui as a huge fire well swept through Ma’alea forcing emergency personnel to completely knock out all communication networks island wide. Thankfully, today, Verizon’s 4G network is back up and we can get on with the weekend...
by Big Wave Trader | Jun 30, 2016
For the third straight day US markets vaulted higher like Brexit never happened. The 5-day volatility is quite something to be a part of. Man have tripped over themselves during this 5-day fiasco and those who remained patient by executing without emotion have come...
by Big Wave Trader | Jun 29, 2016
The FTSE 100 recovered all of its losses after the Brexit vote today as here in the US stocks recovered more than half of their losses. Preliminary results showed volume was mixed with NASDAQ volume coming in higher while NYSE volume dropped. This has been one heck of...
by Big Wave Trader | Jun 28, 2016
After two days of getting pounded stocks rebounded lead by the NASDAQ composite index. Volume was lacking and today’s bounce looks to be a dead cat bounce for now. While it was nice to see the market bounce it is likely just a pause before we continue lower. We could...
by Big Wave Trader | Jun 27, 2016
Continuing Friday’s selling traders and investors alike collective sold stocks lower as political pundits rush to get their opinions heard on Brexit. Regardless of the vote, the market is clearly trying to re-price the British leaving the European Union. Financials...