............................................................... ECONOMIC LOGIC: Back to Basics Portfolio new investments ( both are ETFs )

VIX = BULLISH
Stock market volatility (VIX)

is unusually low --

This is a 2x leveraged ETF

short-term bet on

a reversion to the mean,
and is a partial hedge
for other investments.
Early July also tends to be
a seasonal low point for VIX

07/03/19 New TVIX position at 15.69

VIX seasonality:

S&P500 versus VIX (inverted):

NATURAL GAS = BULLISH
Natural gas prices are low

in hot July, as you would expect:

This is an un-leveraged ETF

moderate term bet on

historical seasonal trends

repeating in 2019:

07/03/19 New UNG position at 19.44

............................................................... ECONOMIC LOGIC