IMO...would ladder duration directly via high-quality muni and/or treasury bonds if considering parking $ in bonds.  Small yield enhancement via tax benefits v TLT.

Matt - Do you have updated Tick levels? Not sure my levels are complete but I show next big level around 5704ish, in that lower demand zone. 

5min symmetry rejection on cue.

Lots of media chatter about Santa rally. Makes me wonder if Santa’s following Kiss systems this yr, will see... From Traders Almanac: Years when there was no Santa Claus Rally tended to precede bear markets or times when stocks hit significantly lower prices later in the year. 

How do you interpret TLT (20yr bonds) monthly completing 5 waves down with positive divergence against this yield (10yr bonds) chart?  Appears TLT has upside corrective move over time, but downside more immediate.   https://schrts.co/pXtBmHmH 

XLE...nice ramp EOD...

Based on pre-mkt action,  could be decent rug pull today. short-dated Puts may be interesting hedge here.

No comment in newsletter but do you guys give significance to the new Buy Cycle dots on Daily and 1/2d charts (Chart 7)?  Seems like this would support a bottom at these levels..?

Bought some XLE EOD, at least for bounce. Seems low risk here; Div date approaching. Front running the Renko buy signal. Figure it’s already had a pullback and could be uncorrelated. 

Agreed, Matt leaves that system out for good reason. Anyone who followed that system lost big time during  covid drop (as I did); that particular system is prone to early entry on big pullbacks. The revised Trend system also prone but to lesser degree.   

VIX is on verge of filling a 4 mo. old gap to downside; after that there are a couple open gaps to upside. 

SBUX nice move up ex-div today. Old open gap around 108 which is my target over time. ~10% upside

had election worker today joke to my kids about changing their vote on their kids fun ballet if she didnt like an answer. Was quite shocked she said that but cant make this stuff up. 

Great day to sell strategic short-dated SPY puts; high premiums. 

I understand the reasoning but  unfortunate that all KISS systems are now an  add-on cost. I must have also not been attentive with this. I assumed high level Daily and Weekly KISS would be part of the base BPT cost  since it’s a variation of the paint dry system.  Maybe I just got use to this feature.  Will see how it goes. 

Bought spx puts before news, was up, down, then sold all for nice quick gain on drop. Mkt doesn’t want to correct but VIX indicates could be more pullback. 

Scaled out of all my SBUX Fri I had been holding since it bottomed low 70s. May still have some room higher but majority of gain likely in. 

Agreed, bullish on Ag. Sold positions earlier this yr, used profits to buy quality Midwest farmland renting back to farmer. Farmland has been on tear last few yrs (~20% last yr alone) w/ no slowdown from higher rates…mostly cash buyers.  Main concern I have is a global type debt / credit event, but 2008 had no impact on Ag…actually went up then. Low correlation to stocks, but high entry prices. 

We been using DVT so long it has a nice ring to it. Don’t think it matters what it stands for, it’s a stop. 

some of you looking to dilute BPT? Reality is signals adopted by many end up working less. Ive already noticed this in past on some trade triggers.