Monday, April 3, 2017

Ponzo Updates...04.03.17

Changes for this week's Ponzo updates include a more bullish consensus signal for SPY and an increased range potential on VIX.  The TLT forecast remains bullish..slow and steady. New revelations confirming Obama spying on the Trump team, crashing auto sales (and prices). the increasing North Korean threat and the impending fight over Gorsuch may impact volatility this week ......and DN still looks like the safe path.
BTW...our XLU butterfly trade is playing out far.....