Tuesday, January 3, 2017

Ponzo Updates...01.03.17

This week's Ponzo forecast again look similar to the past 4 weeks...SPY and TLT bullish and VIX flat.  The difference is the appearance of several neative outliers in both SPY and TLT with the former being the most pronounced.  We may see some continued distributions over the next few days as traders who waited for 2017 to kick in to capture more favorable capital gains taxes drop their losers (and/or winners) and look to more favorable situations.