Position Updates & Gauges as of Trading on 1/9/2017

Mish Schneider | January 9, 2017

***Note: No stop changes. ***VXX: Leave sell stop at 20.97 ++++++++++++++++++++++++++++++++ New Position: Long VXX 22.80 ATR: .89 Name of Instrument: iPath S$P 500 VIX-Short-Term Current Price: 22.11 Reason For Trade: A bold trade as our first for 2017, there is an anomaly between this, that made new historical lows and the overall market-seemingly running out of steam at the highs. This is a complete bottom picking trade with a 2 ATR risk to give

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