Disclaimers

trading places is a publisher, not a registered investment advisor, and nothing in trading places' commentary is intended, and it should not be construed, to be investment advice. trading places' commentary is for informational and entertainment use only. Any mention in trading places' commentary of a particular security, index, derivative, or other instrument is neither a recommendation by trading places to buy, sell, or hold that security, index, derivative, or other instrument, nor does it constitute an opinion of trading places as to the suitability of that security, index, derivative or other instrument for any particular purpose. trading places is not in the business of giving investment advice or advice regarding the suitability for any purpose of any security, index, derivative, other instrument or trading strategy, and nothing in trading places' commentary should be so used or relied upon.

trading places hereby expressly disclaims any and all representations and warranties that: a) the content of its commentaries are correct, accurate, complete or reliable; b) any of its commentaries will be available at any particular time or place, or in any particular medium; and c) that any omission or error in any of its commentaries will be corrected.

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For the record, trading places publishes commentaries and maintains a website as an exercise of the unlimited right to offer non-commercial speech and publication under the First Amendment of the United States Constitution; notwithstanding our current President.

At any given time, trading places' principals may or may not have a financial interest in any or all of the securities and instruments discussed herein.