Wednesday, March 21, 2018

QLD Flat for Thursday....03.21.18

After a volatile down, up, down day the QLD's closed for an almost 1% loss...so we were happy to be flat for the day following yesterday's signals.  I mentioned a couple weeks ago that the safest plan for FED days is to be a cash or be prepared to act VERY quickly on intraday volatility.  That was certainty the case today as VXX ATM put options went from .29 to 1.02 and then back to .29 by the close ....that's volatility.
Signals for Thursday are flat and both our models are clearly outperforming a QLD buy and hold strategy and with a whole lot less risk.