May-June 2019 update


As is typical with market corrections, they seemingly come out of nowhere catching most investors off-guard. This most recent correction which began early October was no exception. However, clients of WhiteWave were forewarned with enough time to prepare. Why? Because WhiteWave has a reliable and repeatable process developed over a forty year period.

The proprietary Risk Models that were able to identify the risks forming in January 2018 flashed red the end of September. Our published 2018 upside price target for S&P 500 @ 2965 missed by a mere 20 Points.

Thin late December holiday markets registered dramatically oversold readings. We saw signs that our technical model was trying to turn up the last week of December.

As a result we switched to a buy before you sell mode on 12-26-18 looking for a bear market rally. Our risk models confirmed the turn 1-2-19.

This gave WhiteWave clients sufficient time to adjust their portfolios depending upon their trading style. Our clientele consists of Retail Investors, RIA’s, and Hedge Funds; each with a different approach. Some added long positions, others bought Call options while others used ETFs to add exposure. Regardless of their approach they were prepared and profited from our process.

The WhiteWave process employs elements of price, volatility, Matrix Levels, risk spreads, among others, across multiple duration. We measure and record the data for U.S. stocks, Bonds, Currencies, Oil, Gold Commodities, and Foreign Stocks & Bonds.

Our models enable us to distinguish between a market correction vs. a Bear market. Throughout 2017 when many continually called for a market top, our models kept long-only and RIA clients invested through January 2018. At which point our models detected rising risks as described above. Our models signaled the same breakdown the first week of October. For active traders our intraday alerts provide trading levels for those wishing to trade counter-trend moves.

No system is perfect, but our process is reliable and repeatable with models designed to improve the probability of success. Whether you are a day trader or long term investor, we can help you stay ahead of consensus.


May 1st we were looking for cracks in our Bullish thesis. We bought VXX as a short term trade against Long Exposure.

May 7th we gave up on the idea that the market would break out to new highs. We liquidated or hedged our remaining Long exposure.

The Indices are going into a consolidation phase we believe will plumb lower levels.

This will not be a buy and hold market in the Indices for months.

The technical models have broken down and our Risk models are Neutral.

We have moved to an opportunistic stock picking mentality, looking for short term trading opportunity.

WhiteWave June  2019 Update for Long-Term Investors /RIA’s

Medium-term view; we have hit our 2017 upside Index objective for the second time in two years putting in an intermediate high.

Going into June we’re expecting a traders market given the Geo political risks.
Lower volumes with increased volatility.

The complacency with the volatility sellers is of concern.

Trump tweets are being sold by long-term Investors to reduce risk rather than bought as in the previous year.

U.S. Treasuries have consistently been purchased as European Yields are plumbing new negative yields.

May 23rd saw a change in Dollar sentiment as many RIa’s and CTA’s exited Long Dollar exposure.

The March-April sustained upside breakout in Bitcoin reveals much about the current state of the world politics.

June Matrix work sets up the next 3-6 months of trade.

Judd’s Room 2019 June Update for Short-term Investors

We came into May Bullish monitoring midweek contra-trend strength
that ebbed at model numbers. “Potential Trend Change”

The Matrix coupled with the Risk Spreads kept us overall positive the Indices through April.
Those indicators are now all neutral with a slightly bearish overtone.

WhiteWave June 2019 Update for Short-Term Investors

Opportunistic short term-trading.

WhiteWave keeps you executing timely trades through the use of proper trade location.

New Feature

Judd’s Room;

A live forum for Investors and Traders where we discuss current capital flows, instruments by request, and charts.

We feature 1-2 low risk opportunities a day.

Judd’s ROOM has many successful Fund Managers, RIA’s and Futures & Options traders with decades of experience.

WhiteWave is pleased to announce a collaboration with Matt Kenah (PAX Trading Group).

I taught PAX how to trade in the Nasd 100 Pit in 1998.
He was and is wildly successful.

He employs the same skill set that made him one of the CME Groups top Index day traders and successfully transferred that methodology to the screen.

Pax uses strict entry and position management rules that do not change.
He robotic ally employs the same strategy everyday.

Pax trades for chunks of the market. This is not a beat the bots mentality.

It’s the same strategy that I use for Equity, Index, Option, Currency ,Commodities and Bond trading.

Below are conversations with Yra Harris from Notes from the Underground fame.

Yra is a hall of fame trader and one of the few clear Global macro thinkers.

Pax and I are thrilled that Yra stops in to answer questions that effect the portfolios of both long and short term investors.

These are free wheeling unscripted Q&A sessions.

Global macro events that were discussed in these room chats unfolded in the press with dramatic effects on various asset classes!

May Fan Mail;

Judd, the mixture of being in your room and having the matrix levels led to one of the biggest trades of my career.

I can’t thank you enough for the insight you provide every-damn-day!

Thanks for all you do Jack!

Keep your feedback coming.
We are open to comments as we continually strive to make our product better.

If you’d like to learn more you can click on the research link to our site or just call.

Click on the link to learn more or get back on our mailing list.

All my best,

Chief Market Strategist
Skype: juddhirsch
Twitter: whitewavetrader
Stocktwits: Judd Hirschberg

Phone 312-543-4070

WhiteWave Trading Strategies


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