From the Trading Desk

Reviewing Some Top Current Holdings

Big Wave Trading Weekend Update: Price Is All That Matters

The past six weeks has been a perfect example of why you should always obey your signals and never obey your feelings or emotions when it comes to trading the stock market for a living. For the past six weeks, I have been nervous about the overall bullish sentiment and the mere fact every major […]

Big Wave Trading Weekend Update

Price action. Price action. Price action. This is what it is all about. When you consider all the noise the past two weeks, there still has been one consistent piece of data the entire time. If you take a look at a daily chart of the SP-500 or the Nasdaq you can see what that […]

Big Wave Trading Weekend Update

A quiet session on Monday with a bullish intraday reversal, strong sessions on Tuesday and Wednesday on heavier volume, followed by quiet consolidations on lower volume on Thursday and Friday. When you are already fully invested, it doesn’t get much better than that. To say that the past week of trading was healthy overall is […]

Big Wave Trading Weekend Update

Stock indexes put in a solid session on Friday. Unfortunately, stock indexes were not able to build off of the momentum that the trading session started with. Instead, stock indexes sold off only to see a decent intraday double bottom turn into a small rally into the close. Still, the fact that the market could […]

Big Wave Trading Weekend Update

Stocks staged a nice little rally on Friday and while volume was lower than the session before it did not matter to the SP-500, NYSE, Nasdaq, or Nasdaq 100 as all of those indexes hit new all-time highs this week. The only concern behind yesterday’s rally, besides the lower volume, was the fact that we […]

Weekend Update: Reviewing Some Current Long Positions

Let’s take a quick holiday weekend peak at some of our current winning long positions. Why not review any losing positions? Because we have them and when we do we stop out or cut our losses immediately. There is not any wishing or holding on to losing positions. They are always eliminated. Therefore, instead, let’s […]

Top Current Holdings Update: EPM HNR OKE XBKS SODA CCF TMV DGLD JDST

Aloha and happy holidays everyone. The overall market continues to trend higher and my current long positions continue to rack up the gains since their initial signals. There has been a lot of profit taking signals recently like XBKS producing back-to-back 20% profit taking signals on Thursday and Friday due to the stock being extremely […]

Big Wave Trading Weekend Update

Happy holidays everyone! What else is there for me to say that has not been said 1000x already. This is a strong tape, almost all of my long positions are doing very well, I continue to receive an absolutely insane amount of actionable long signals, and this market is extremely overbought and is still in […]

Top Current Holdings: Before And After Edition

The one thing that constantly changes in the market is constant change. What once used to work very well sometimes will not work for years and years until one day it works again. Other methodologies seem to stand the test of time. What is to be learned from this? There is more than one way […]