Meta Strategy Trading Portfolio – Probability Map Update.

Hitting the Snooze Button

The market has gone into snooze mode and I plan to do the same over the coming weeks.

It’s not that I expect a disastrously bad September / October, but rather that I do not think there is any edge in trading the current market.

Peak bad seasonality supported by weakening participation perfectly balances a bullish momentum regime with moderate positioning.

Sometimes the biggest value in trading comes from realizing that it is time to keep your head down and do nothing.

But it’s not all boring from here on out: The story can change on a dime and set up one of the best trading opportunities in the four year cycle – the midterm election pump.