Meta Strategy Trading Portfolio – Probability Map Update.

– Positioning Update Tuesday –

Flash Crash – Are Stocks On Sale?

The not-so-easy answer to current conditions is: Most of the time similar conditions improve quickly, but, unfortunately, sometimes it gets a lot worse.

In my monthly letter (below), I address the status quo of the big-picture indicators in detail.

Remarkably, despite a yellow volatility alert last week, the data remains very constructive.

We are getting closer to important levels, which would show something is seriously amiss, but, as yet, this looks like a standard correction in an inflating bubble with solid market breadth and improving fundamentals.