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Our work is based on data provided by various financial market data providers. We filter and convert that data into an easy-to-use format. Our work may also be based on SEC filings, current events, interviews, corporate press releases, and what we’ve learned as financial journalists, market analysts and money managers. The data may contain errors, and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. Spyrol Group LLC expressly forbids its writers from buying or selling any security they recommend to our subscribers within 48 hours of the recommendation. And all Spyrol Group (and affiliated companies) employees and agents must wait 48 hours after an initial trade recommendation is published on the Internet before acting on that recommendation.

There are no warranties implied. The information contained herein has been prepared without regard to any particular investor’s investment objectives, financial situation, and needs. Accordingly, investors should not act on any recommendation (express or implied) or information in this material without obtaining specific advice from their financial advisors and should not rely on information herein as the primary basis for their investment decisions. Spyrol Group LLC is not an investment advisor and is not licensed to give specific financial advice.

Information contained herein is based on data obtained from recognized statistical services, issuer reports or communications, or other sources believed to be reliable (“information providers”). However, such information has not been verified by Spyrol Group or the information providers make no representations or warranties or take any responsibility as to the accuracy or completeness of any recommendation or information contained herein. Spyrol Group and the information provider accept no liability to the recipient whatsoever whether in contract, in tort, for negligence, or otherwise for any direct, indirect, consequential, or special loss of any kind arising out of the use of this document or its contents or of the recipient relying on any such recommendation or information (except insofar as any statutory liability cannot be excluded). Any statements nonfactual in nature constitute only current opinions, which are subject to change without notice. Neither the information nor any opinion expressed shall constitute an offer to sell or a solicitation or an offer to buy any securities, commodities or exchange traded products. This document does not purport to be a complete description of the securities or commodities, markets or developments to which reference is made.

Unless otherwise stated, performance numbers are based on pure price returns, not inclusive of dividends, fees, or other expenses. Past performance is not indicative of future results. Potential for profits is accompanied by the possibility of loss. You should consider this strategy’s investment objectives, risks, charges, and expenses before investing. The examples and information presented do not take into consideration commissions, tax implications, or other transaction costs.

The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy.

Some performance information presented is the result of back-tested performance. Back-tested performance is hypothetical (it does not reflect trading in actual accounts) and is provided for informational purposes to illustrate the effects of the Spyrol Group LLC strategy during a specific period. The relative strength strategy is NOT a guarantee. There may be times where all investments and strategies are unfavorable and depreciate in value. Relative Strength is a measure of price momentum based on historical price activity. Relative Strength is not predictive and there is no assurance that forecasts based on relative strength can be relied upon.

Back-tested performance results have certain limitations. Such results do not represent the impact of material economic and market factors might have on an investor’s decision-making process if the investors were actually managing money. Back-testing performance also differs from actual performance because it is achieved through retroactive application of a model investment methodology designed with the benefit of hindsight. Spyrol Group LLC believes the data used in the testing to be from credible, reliable sources, however Spyrol Group LLC makes no representation or warranties of any kind as to the accuracy of such data. All available data representing the full platform of investment options is used for testing purposes.



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