From the Trading Desk

BWT Weekend Update

This market just has no quit in it. This should be good news for the intermediate and possibly longer term health of the market but on the short term it continues to just get more ridiculous. It does appear that a pullback is starting in the overall market but the Russell 2000 simply is not […]

BWT Top Current Holding Update: CYBE

BWT Top Current Holdings Update And Review

What a wild month it has been. I was knocked out of some of my long positions before the election but not completely out of all them. Using the partial sell stop methodology with uptrending stocks in this market has paid off sometimes and has not other times. The markets have been very volatile the […]

Weekend Update And Top Current Holdings

The SP-500 finished lower for the ninth straight session following Friday’s session marking the first time that has happened since 1980. This market has made it a habit of pulling punches this year as the volatility and lack of trends has been beyond a nightmare for EOD trend followers. Its made for some excellent day […]

Weekend Update And Top Current Holdings

Before I get into the overall market and my portfolio I first want to say that there is some good news and that there is some bad news. Let’s get the bad news out of the way first. Stocks continued to sell off on Friday and while volume was lower than Thursday’s session it was […]

Weekend Update And Top Current Holdings

Well it isn’t over until it is officially over but we have officially exited the historically seasonally worst period for returns in the stock market. Starting on Monday seasonality is back in the favor of the bulls and now all the market has to do is confirm the seasonality and we should be off and […]

Weekend Update And Top Current Holdings

On Tuesday our operational models switched to a SELL signal and as we close out another trading week we are leaving the week still under that operational SELL signal. Stocks staged a very bearish intraday reversal today basically shutting the door on the bulls who thought that the weakness was through following JPM’s earnings on […]

Weekend Update And Top Current Holdings

I went into this past week with a neutral bias and I am leaving the most recent trading week with a neutral bias. I also stated that if this market did not breakout sooner than later in this sideways consolidation that the path of least resistance would turn down. Following Friday’s action in the overall […]

Weekend Update And Top Current Holdings

I came into the trading week with a neutral bias and I am leaving the trading week with a neutral bias but with a little bit more hope that stocks might want to press higher in the short term. It looked like it was going to be an ugly week following Monday’s session but Tuesday […]

Weekend Update And Top Current Holdings

Stocks closed out a very bullish week with semi-moderate losses on Friday. The DJIA and RUT led the way to the downside but volume was lower across the board which means that institutional investors were not dumping stocks following the move into new high ground on the Russell 2000 and the Nasdaq. Internally, the action […]