Merry Christmas and Happy Holidays everyone. There will not be an expanded weekend update this weekend, due to the Christmas holiday. All of our market models are on operational SELL signals across the board. Our current asset allocation is 60% cash, 39% long, and 1% high-leveraged-short. Our EOD cash account is up 7% YTD and our EOD margin account is flat YTD. This year has not only produced more actionable signals overall but it has also produced more false signals (lower win/loss rate) than normal. On top of that, the winners have produced fewer large-percentage gains on the best patterns than normal. This has turned a slightly disappointing year heading into December into a completely disappointing year. I’d rather be honest about it than in denial. However, this is to be expected, considering the overall volatile and trendless nature of 2015. This is why we continue to recommend focusing on intraday opportunities in lower priced stocks (as we have all year long) rather than on EOD trend following signals. Enjoy the rest of your long weekend everyone. Once again, Merry Christmas and Happy Holidays from everyone at Big Wave Trading. Aloha.
TOP CURRENT HOLDINGS – SIGNAL DATE – DATE OF SIGNAL
PAYC long – +120% – 10/30/14
MEET long – +70% – 10/9/15
HCKT long – +33% – 6/18/15
FSB long – +30% – 10/23/15
AGRO long – +30% – 10/23/15
EPAM long – +29% – 4/2/15
NVRO long – +28% – 11/17/15
STRL long – +26% – 11/18/15
