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Joshua Hayes
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Joshua "MauiTrader" Hayes is CEO, President and founder of Big Wave Trading Inc., a Maui, Hawaii-based stock market advisory service. Hayes is a well-respected stock trader who combines fundamentals, technicals, psychology and money management to trade professionally for his personal,... More
My company:
Big Wave Trading
My blog:
Big Wave Trading
  • Big Wave Trading Portfolio Update And Top Current Holdings 0 comments
    Sep 16, 2013 7:06 AM | about stocks: ADUS, V, MEI, CAMP, INSM, Z, LGF, LOCK, BERY, CHUY, HEES, DDD, OCN, GMCR, CCF, WST, FLT, POWR, ADS, WAGE, BEAV, GLL, WDC, VIPS

    Aloha everyone. The Big Wave Trading Portfolio is under a BUY condition across the board in all major market indexes as all average have retaken the 50 day moving average and have done so on above average volume (minus the DJIA). Along with this, leading stocks across many leading sectors continue to breakout and build on the gains post-breakout.

    As long as this condition continues, we will remain heavily to fully invested and ride the trend higher. As it appears, underneath, many individual stocks are building extremely well-formed and sound technical patterns that can lead to explosive price moves higher. This, of course, goes along with all the leading stocks already hitting new highs.

    Overall, there is very little pressure on our model against our BUY signal. Still, we are always prepared for any black swan event and remind everyone that if we begin to reverse, we will take profits and cut losses where necessary and build hedges in leveraged inverse ETF or leveraged short ETF positions.

    For now, stocks look extremely bullish based on their current fundamentals and technical conditions. Until this changes, we do not suggest trying to top call or fight this trend or the Fed. The macro and micro environment look very positive. Don't let cognitive biases blind you to the reality of the tape. The tape is extremely strong and very profitable.

    Aloha everyone. Have an absolutely wonderful upcoming profitable week.

    TOP CURRENT HOLDINGS - PERCENT GAIN - DATE OF SIGNAL

    CAMP long - 204% - 4/26/12
    WAGE long - 164% - 1/8/13
    FLT long - 141% - 9/6/12
    POWR long - 117% - 12/11/12
    INSM long - 115% - 4/19/13
    HEES long - 109% - 9/4/12
    ADUS long - 102% - 4/22/13
    MEI long - 93% - 4/10/13
    TRLA long - 57% - 6/28/13
    LGF long - 56% - 4/19/13
    GMCR long - 50% - 4/23/13
    CHUY long - 47% - 1/10/13
    V long - 47% - 8/31/12
    WDC long - 46% - 1/9/13
    ADS long - 42% - 12/11/12
    WST long - 41% - 1/22/13
    OCN long - 39% - 5/8/13
    LOCK long - 38% - 5/20/13
    VIPS long - 32% - 7/17/13

    DDD long - 32% - 4/30/13

    Disclosure: I am long ADUS, V, MEI, CAMP, INSM, TRLA, LGF, LOCK, BERY, CHUY, HEES, DDD, OCN, GMCR, CCF, WST, FLT, POWR, ADS, WAGE, BEAV, GLL, WDC, VIPS.

    Stocks: ADUS, V, MEI, CAMP, INSM, Z, LGF, LOCK, BERY, CHUY, HEES, DDD, OCN, GMCR, CCF, WST, FLT, POWR, ADS, WAGE, BEAV, GLL, WDC, VIPS
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