Today we examine our volatility model. It is simplistic in nature and by design, but nevertheless, it has proven accurate. If history is any indicator as to what we are likely to witness over the remainder of 2019, it’s that volatility is on its way. This is especially true for the DOW and the S&P 500 and to a lesser extent for the Nasdaq and the Russell 2000. However, nothing is written in stone and while volatility tends to coincide with moves to the downside, given the fact that central banks the world over are priming their printing presses and some central governments are looking to deploy fiscal stimulus measures, the melt-up scenario is still possible. The Kapital News, however, at this juncture continues to put more weight on the downside risks given the overall economic environment. Stay vigilant and have a plan.