Introducing the Vol Dash by TCM, a weekly update on markets and positioning through the lens of TCM’s Volatility Dashboard.
Vol Dash for week ended 5/29/26
The S&P 500 closed out the month of May with its ninth consecutive weekly gain last week as AI mania continues to outshine geopolitical worries.
With the Fed's first meeting under new Chair Warsh just two weeks away, this week's jobs data will be closely watched—especially given the history of market turbulence that has often accompanied the start of a new Fed Chair's tenure.
TCM Volatility Dashboard Signals 1/2/24 - 5/29/26. Source: TCM. Click for larger image
Exposure Update for week ended 5/29/26
While bullish conditions persist, Tactical Beta and Tactical Q remain near full index exposure with room to add on an equity pullback that does not meaningfully affect Dashboard signals.
Tactical Beta daily exposure, trailing 100 day as of 5/29/26. Source: TCM. Click for larger image
Tactical Q daily exposure, trailing 100 day as of 5/29/26. Source: TCM. Click for larger image