by Big Wave Trader | Jun 26, 2016
There is no question that what we saw on Friday was a complete shock to the overall stock market. Despite what Monday-morning Quarterbacks were saying on Twitter, the market had absolutely priced in the possibility of a no vote at 100%. This is the very first stock...
by Big Wave Trader | Jun 23, 2016
We are now just one day away from the Brexit vote and we cannot be more ecstatic to see it finally arrive. There has been endless coverage and not just here in the states. The entire globe is watching what the Brits will do. Market participants are doing the same as...
by Big Wave Trader | Jun 22, 2016
Brexit is nearing its end, but it was time for the US Federal Reserve chairwoman to take center stage. The market was quite indifferent to the chairwoman’s testimony on the Hill today. For the most part today was a relatively quiet day in the indexes. The day’s range...
by Big Wave Trader | Jun 21, 2016
Over the weekend new polls revealed “remain” had gained the upper hand in the Brexit saga. The market cheered the results and global markets cheered. As the market neared the noon hour buyers began to wane. Sellers took over and were able to push the NASDAQ well below...
by Big Wave Trader | Jun 20, 2016
Friday was a poor session overall with volume rising significantly from the session before due to quadruple witching. However, stock indexes managed to hold their Thursday lows and there was further follow through to the bounce in DB and CS which were both looking...
by Big Wave Trader | Jun 16, 2016
Selling continued this morning as bonds were racing higher. Volume was running hot, but after 5 straight days of selling the market ran out of sellers. Before the noon time hour, it appeared the market had set the lows for the session and would try to work higher. By...
