Canadian Prime Minister Justin Trudeau said the sticking point to renegotiating the North American Free Trade Agreement is the U.S. demand for a sunset clause. https://www.marketwatch.com/story/trudeau-says-sticking-point-on-nafta-is-us-demand-for-sunset-clause-2018-05-17

Today we have altered our position in (XRT). Please review the Trade Alerts tab to see the adjusted position which reflects the decision to take some profit. We would look for the opportunity to reposition these shares at a lower price in the future, while maintaing current shares.

This morning’s live VOL show with David Lincoln https://www.youtube.com/c/DavidLincolnDave/live

Please be sure to review our trade for the retail sector (XRT). This will have fits and starts, make your decisions with this in mind so far as profits.

I for one do not want to in the future to knowingly create an inverted yield curve.” Kaplan, who isn’t a voter this year on the rate-setting Federal Open Market Committee, added that “to the extent the curve gets a little steeper, that gives the Fed a little more operating room.”…[Read more]

We have covered one longstanding trade on VXX initiated back in February. Please review the Trade Alert tab for details on the trade. Feel free to comment with any questions.

Finom Group: Forecast for 10-2 year inversion is September-October 2018 based on current yields and current Fed rate hike path

The Federal Reserve may have to raise interest rates to a restrictive level, for a time, in order to meet its twin goals of stable inflation and low unemployment, said Cleveland Fed President Loretta Mester https://www.marketwatch.com/story/fed-could-have-to-raise-interest-rates-above-3-mester-says-2018-05-14

Today’s TD-Ameritrade live Market on Close show interviewed me regarding volatility https://www.pscp.tv/w/1OwxWELneBMGQ

Good day all! At this point in our annual VIX trading regiment, we sit back and let our core holding do what it’s going to do. Until the next spike or relevant trading opportunity is presented, decay does what it does to core VXX/TVIX/UVXY holdings. Look forward to your comments!

Consumer inflation softer than expected in April, CPI shows https://www.marketwatch.com/story/consumer-inflation-softer-than-expected-in-april-cpi-shows-2018-05-10