Meta Strategy Derivatives Portfolio – Probability Map Update.
— Wednesday Update —
The scenario of a grind higher into the year-end has become the likeliest by far, which makes the difficult art of sitting tight and doing very little the best course of action.
These time periods, when trading and investing positions are aligned, have the potential to propel our portfolio up significantly.
As usual, I map my current data-driven estimates of the probabilities for future returns of the S&P 500 over the short, medium, and long term.