By Lawrence G. McMillan
There is only going to be one issue published in May – on the 4th Thursday, May 22nd. We are planning for that to be a “double issue.” The reason for this change in the publication schedule is an extensive travel schedule from April 30th through May 15th, which will not allow time for publication of a formal issue. The weekly Hotline updates will continue throughout this time, without interruption.
On May 7th, Lawrence McMillan will be presenting the Volatility Capture Strategy to professional money managers in the “NAAIM Shark Tank” – a format similar to the Shark Tank TV show. Money managers have limited time to explain their system, and then they can be questioned by the managers on the panel (see page 10).
Today’s feature article discusses a new trading system involving the 90-Day $VIX ($VXV). Furthermore, it looks at generalizing various volatility index cross-overs.
We are modestly bullish (page 6), in line with our indicators.
The first trading day of May is usually strong (page 7). Also on page 7, there is an editorial comment on the Allergan (AGN) situation.
New recommendations include trades in GME (page 8), Soybeans, LVS, USO, and WDC (all on page 9).
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