By Josh Hayes on January 24, 2012
What a day today was. BVSN and AAPL. That is all I have to say. In the chat room today we were all over BVSN and many members nailed the top. Too bad there are no shares to short it seems anywhere but Suretrader. Suretrader is not a US brokerage firm so that might have [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 23, 2012
Today was an overall boring day but an overall constructive boring day at the same time. The market indexes started off in the green only to reverse into the red after the early morning rally was faded. The good news is that stocks found a floor and managed to rally to about the midpoint of [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 21, 2012
It was another good week for us at Big Wave Trading. However, we still are not seeing any “explosive” gains at that is more of an effect of the cause that is the stock market. The trend has been slowly moving higher without any real volume and this is keeping the gains from stacking up [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 19, 2012
I have to drive to the other side of the island and deal with a hanai (adopted) family “emergency” and therefore will not be able to give a full update tonight until much later. This section will be fully updated by the AM. You should all be fully invested and margined to the max already. [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 18, 2012
I went surfing right after the close and put in a 3 hour session. Following that, scanning took a long time. At the end of it though we have more money making ideas. I will be back later with a full analysis but overall we have two quality longs in GEOI and AKRX. The speculative [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 17, 2012
It was a pretty good overall day today. Nothing amazing as we once again gapped higher and did not build on that momentum throughout the trading session. Still every big flush down was quickly supported and the lack of damage in my accounts helps look at today as an overall constructive day. It seems almost [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 14, 2012
Enjoy the long weekend everyone. Overall, it has been a constructive week and we definitely ended it the right way in my opinion. We needed that down session on Friday. It creates the appearance of a market that is ready to pullback to the untrained eye. To the trained eye, Friday’s down session was clearly [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 12, 2012
Today was another slow grind higher on average volume. This slow move higher on the indexes is leaving a lot of traders behind. Not us at Big Wave Trading. The model finally gave a FULL BUY signal not too long ago and this signal, so far, is a true signal. This is being followed by [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 11, 2012
The insanity is finally abating a bit. However, going long any more stocks is not my problem now as I am fully invested. Now it will be rotating out of the losers like DEJ (sold half this AM, selling the rest tomorrow AM) and into the winners setting up like the new longs tonight. Move [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 10, 2012
Only eight? That is sarcasm everyone. After yesterday’s session I noticed that the NYSE short interest ratio hit another 52-week high. This high level of shorting is coming despite the market showing signs of real serious accumulation in multiple stocks across multiple industries. Someone was talking about the debt to equity ratio and the put/call [...]
Posted in Silver Longs, Silver Shorts |
