September-October Update

                                                   Forecast

Our September view of the market condition was that the Indices would remain in a Bullish trend. We maintained a Risk On bias with a focus on large cap technology. Currently, we are of the opinion that Industrials and Dow names will play catch up. World capital flows remain U.S. centric and we continue to opportunistically buy breaks in sectors and names of interest.

August volatility did not disappoint providing buying opportunities on two 50 + point breaks in the S&P 500, which is exactly what we were looking for.

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.

Context

As is typical with market corrections, they seemingly come out of nowhere catching most investors off-guard. This most recent correction which began late January 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.

Most recently, our proprietary Risk Models were able to identify the risks forming in January 2018 suggesting a very high probability of an increase in volatility. This gave WhiteWave clients sufficient time to take defensive measures to protect their portfolios depending upon their trading style. Our clientele consists of Retail Investors, RIA’s, and Hedge Funds; each with a different approach. Some trimmed long positions, others bought Put options while others used Inverse ETFs as a hedge. 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. For active traders our intraday alerts provide trading levels for day-traders and those wishing to trade counter-trend moves.

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

Maintained our focus on select Dow & Energy names.

Recommended longer-term investors revisit their momentum holdings 9/9/19 when sellers appeared as a general shaking out of long held positions.

Bottom fishing in European Banks were part of the discussion.
Euro Stoxx Banks rallied almost 10% from when the idea was posited.

This was viewed as a trading opportunity not a buy and hold.

Our models had us looking for a sustained Index move to unfold the first of October.

Typically, direction this week sets market tone for the 4th qtr and beyond.

We began trading the U.S. Indices from the short side the last two weeks of September, looking for an intermediate market top.

The end of September we started to field sector requests form out RIA’s wishing to add exposure.

Healthcare, Banks and Energy were the three favored sectors.

IBB was of interest. Our view was to wait for the beginning of the 4th qtr capital flow to get involved. That turned out to be a 4% savings.

The Trump administration did not take into account the supply chain dislocations that are occurring which were compounded by short term funding constraints that showed up in the repo markets.

Manufacturers cannot price their products due to unknown tariffs or get the requisite raw materials out of China.

Manufactures are caught in a limbo that the railroads have been reflecting since the beginning of September.

Several Gold & Silver trades were executed off the Dollar and Italian Bonds. We are in no rush to revisit this trade after booking significant gains.

Our view is that central bankers have exhausted the low rate/negative rate scenario.

We exited Long Gold & Silver positions on the ECB Bond buying intervention as Draghi said farewell.

Lowering interest rates from low to lower will not have the singular effect it’s had over the past year.

Investing will become a selective opportunistic trading affair.

10/15/19 Buy before you Sell alert for all trading styles.

October 25th Risk Models that were Neutral since the beginning of August turned up.

For this rotation back into risk assets we focused on Select Chips, Biotech, Energy and Financials.

WhiteWave Nov Update for Short-Term Investors

September focus highlighted precious metals and Bonds going into Draghi’s final ECB meeting.

9/3/19  Long GLD & SLV Calls
9/5/19  Sold GLD & SLV Calls and all Futures positions on the opening.

That was a 2 day 60 cent Silver winner and another 35 Dollars in Gold

9/11/19 Long GLD & SLV Calls
9/12/19 Sold GLD & SLV Calls on the opening.

Overnight 50 cent Silver winner and another 30 Dollars in Gold.

9/19/19 Long Spy 300 9/23/19 Puts
9/20/19 Long Spy 297 9/23/19 Puts
9/20/19 Long GLD 144 Calls 10/4/19
9/20/19 Long TLT 145 Calls 10/4/19

Listen to the play by play as Yra, Pax. and I set up the trades in EP 27.
EP 28 is the trade follow up on our execution.

EP 27 – Rare and Unfiltered with Yra Harris – 09-11-19

EP 28 – Rare and Unfiltered with Yra Harris – 09-12-19

Yra Harris Unfiltered – EP 34 – 10-16-19

Yra Harris Unfiltered – EP 36 – 10-24-19

The entire library can be viewed free of charge on our Youtube Channel @ Whitewavetradingstrategies.

This is by far the Finest most comprehensive resource for learning to be a Global Macro Trader!

There is well over 50 hours of interactive material with live trading.

Homework and preparation is key to successful investing.

Get yourself out of the indicator trap. Listen to how we identify and set up trades for investible trends.

10/18/19 Long QQQ Put @ .13
10/18/19 Sold QQQ Put @ 1.08
10/23/19
 Long RSX
10/23/19
 Long QQQ 194 10/25/19 Calls @ .30
10/24 Sold QQQ 2/3rds 194 10/25/19 Calls @ .75
10/24
 Long QQQ 195 Calls @ .24
Exited weekly Long Calls on the close 10/25/19
Sold 194 calls @$1.38
Sold 195 calls @ .72

WhiteWave keeps you executing timely trades from the right side of the market with measured risk parameters.

New Feature

Daily Chat Room co hosted by Matt Kenah of the PAX Group.

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.

Q4 2017-Q1 2018  Chronology of trades
https://www.whitewavetradingstrategies.com/whitewave-april-2018-update-2/

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.

www.whitewavetradingstrategies.com

Sept. Fan Mail:

Thanks to your Daily Market Intelligence reports I am becoming much better trader. There is no BS there! Just great down to the point analysis. 

Hi Judd,
Thanks for the update.
Please know, I appreciate your spot on reports.
Ed

Thanks Judd
I am hanging on every word you write – great call in yesterday’s DMI on the P&F 50 that showed a short term double top.  This stopped me from going long on a trade on Thursday which dropped.

Regards
Dallas

You’ve been smoking hot!

Eric

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

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