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Big Wave Trading Portfolio Update And Top Current Holdings

The Big Wave Trading portfolio remains under a BUY signal with only a minor amount of pressure on the indexes following the weak price action on Tuesday and Wednesday in the overall market. Besides that there is no pressure in our model as leading stocks, speculative stocks, and the overall market continue to trend higher in lockstep.

With this being the case, it does not make much sense to drone on and on about the minute details of the trading action the past week. It was a very successful week in terms of playing straddles/strangles before earnings on a few stocks like FB, BIDU, and TRIP and buyable gap ups remain the best way to return alpha in this low volume uptrending market.

Overall, it was a decent week with not much to dissect or psycho-analyze. There is no need to waste any more of your valuable weekend time. Enjoy the rest of your weekend and I wish you the best during the upcoming week. Aloha!!

Top Current Holdings - Percent Gain since Signal Date - Date of Signal

RVLT long - 191% - 3/26/13
CAMP long - 167% - 4/26/12
POWR long - 143% - 12/11/12
FLT long - 103% - 9/6/12
CSU long - 91% - 9/4/12
HEES long - 91% - 9/4/12
WAGE long - 90% - 1/8/13
SBGI long - 64% - 3/22/13
ADUS long - 64% - 4/22/13
INSM long - 50% - 4/19/13
V long - 50% - 8/31/12
TECUA long - 47% - 2/5/13
WDC long - 42% - 1/9/13
MEI long - 41% - 4/10/13
LGF long - 38% - 4/19/13
CHUY long - 37% - 1/10/13
GLL long - 34% - 2/14/13
GMCR long - 34% - 4/23/13
ADS long - 32% - 12/11/12
PFBI long - 31% - 11/19/12
WST long - 30% - 1/22/13
BEAV long - 28% - 3/5/13
CCF long - 26% - 6/28/13

DDD long - 25% - 4/30/13

Disclosure: I am long RVLT, CAMP, POWR, FLT, CSU, HEES, WAGE, SBGI, ADUS, INSM, V, TECUA, WDC, MEI, LGF, CHUY, GLL, GMCR, ADS, PFBI, WST, BEAV, CCF, DDD.