THE JONES FALLS BLENDED INVESTMENT TRADE No. 2017-0015

Dear JFF Trader,

Here is your daily trade for The Jones Falls Blended Investment Model -Portfolio, for Monday, January 20, 2017.

HOLD: PROSHARES ULTRA OIL & GAS (DIG)

HOLD: PROSHARES ULTRASHORT GOLD MINERS (GDXS)

The -Portfolio is our first open-participation test of the underlying investment strategy.  For this test, Jones Falls readers are invited to invest right alongside the portfolio strategist, who executes real-time trades in a Fidelity trading account.  Any gains or losses in that portfolio will constitute the -Portfolio’s track record.

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Thank you!

Happy Trading,

The Jones Falls Financial Directors

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