Saturday, July 23, 2016

VDX Updates, Schwabpaloosa and M3 performance updates....07.23.16

The weekly VDX updates still display intrinsic weakness in the SPY and TLT VDI+ slope as SPY hits new highs and TLT's forecast flies into a cloud of volatile confusion (same condition holds with VIX).  So far earnings have been mixed with a skew to the upside but we are once again hitting overhead technical resistance with the VIX hugging a placid 12...... so beware.
As a follow up to my Schwab M6 portfolio posting I've added a new tab on the M3 site devoted to various models using the Schwab no fee ETFs  I'm working with a local Schwab user group to test more variations of these models and so far they have had good results.  Once a few details are fine tuned I'll offer the Schwab models as a package (about 10 days).
I've also updated the M3 layout and performance metrics including the User Guide as well as DN models to reflect current returns.
Apple earnings come out on the 26th and Monday before the close we'll look at a very short term straddle that can take advantage of the typical 8% move on earnings day.
I'll also introduce the OpStop limit stop calculator (free to all holders of any version of M software.).