Some Risk to Equities Bubbling Under the Surface

A brief update on two TrendFlex Indicators that are beginning to support a tactical move to hedge long equity positions.

Note below that the TrendFlex Classic CR (Credit Risk) as shown in the chart below is beginning to converge with its moving average line (see solid black line and dotted blue average line).  A close below the moving average would signal a sell signal for equities.  Classic CR is a short to medium-term market trend indicator.

tfcr10262016

Here we have the NYSE Summation Index.  Note the rectangles- the one on the left shows a bullish trend (S&P 500 is green line) while the red NYSI line is above the 400 level,  and conversely (rectangle on the right) when the NYSI is below 400.  Market timing is not perfect here, but it does provide us a sense of the risk character of the current environment.

nysi10262016

It may be time to hedge longs, especially as we get closer to the general election.  A short position or two in e-Mini S&P 500 futures can provide a bit of cushion to long positions.  

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714 Hits

What Is Dow Theory Telling Us About the Health of the Market?

Dow Theory technicals are improving.  We look for confirmation in both the Dow and the Dow Transports.  A bullish environment for stocks is expressed when both hit new highs within a close timeframe of eachother.

Note the chart below.  We had a divergence when the Dow hit a new high July while Transports were bottoming yet firming.

Since then, the Dow has consolidated its gains from that high, while Transports have begun to show a firming uptrend. They have a ways to go to reach a new high, but the trend is constructive for bullish support for equities.

 

DT10252016

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781 Hits

Index & Sector ETF Signals - 10/21 Update

TrendFlex signals for the major index and sector SPDR ETF's below are based on a trend-following system filtered to identify the "risk" to a change in the trend. The "Trend Risk" column characterizes the risk of a change in the trend. "Prior Signal" column is reset following each week's close.

Major Index ETF's 

 Symbol  Trend  Date

Trend Change Risk

 DIA BULLISH  9/30/16 MED
 SPY  BULLISH 6/29/16 MED
 QQQ BULLISH 7/8/16 LOW
 IWM  BULLISH  3/1/16 MED
 DBA BEARISH 7/8/16 LOW
 GLD BEARISH 9/20/16 LOW
 VGK BEARISH 9/23/16 LOW
 UUP BULLISH 9/16/16 LOW
 TLT BULLISH  9/23/16 HI
EEM BULLISH 5/6/16 LOW

 Sector SPDR ETF's

 Symbol  Trend  Date

Trend Change Risk

XLK BULLISH 6/29/16 LOW
XLU BULLISH 9/23/16  HI
XLI  BULLISH 9/30/16 MED
XLB BEARISH 9/12/16 LOW
XLV  BULLISH 9/25/16 HI
XLE  BULLISH 3/2/16 LOW
XLP  BULLISH 9/30/16 HI
XLY BULLISH 9/30/16 HI
XLF  BULLISH 7/13/16 LOW
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1168 Hits

TrendFlex Score & TrendFlex Signals for 10/21/2016

 

  Follow for TrendFlex Signal and Blog Update Alerts!

TrendFlex Credit Risk Premium Signals (CR)

TrendFlex Classic CR and the longer-term Allegiance signal remain on a buy.  

TrendFlex Signal Trend  Date  Return

S&P 500  Return

S&P 500 timing signals based on credit risk (CR) premiums (corporate vs.Treasury debt). 
TrendFlex Classic CR Uptrend 9/23/16 -1.5% -1.5%
TrendFlex Allegiance CR Uptrend  4/13/16 +6.0% +6.0%
Historic Performance        

 

TrendFlex Score

The TrendFlex Score remained unchanged for the week at 1.73 and is even with its three-week moving average. 

TFS10212016 

TrendFlex Trend-Following Signals (TF)

There are no changes to the TrendFlex trend-following signals this week.     

TrendFlex Signal Trend  Date  Return

S&P 500  Return

Score

S&P 500 timing signals based on a weighted score of US Market technical indicators. Classic (short-term) and Allegiance (intermediate to long term).  Score:  Bullish = 1.0-1.75; Neutral = 1.75-2.25; Bearish = 2.25-3.0

TrendFlex Classic TF  Cash 9/26/16 0.0% -0.8% 2.100
TrendFlex Allegiance TF Uptrend  5/31/16 +2.0% +2.0% 1.625
Historic Performance          

 The Portfolio Strategies chart remains bullish albeit with some hedging suggested.     

Portfolio Strategies*
Reduce Longs
 Sell Calls
 Hedge Longs
Set Stops on Longs
Short Overbought Equities
 Add to Longs
Sell Puts
Hedge or Reduce Shorts
 Long Futures and Options

 *Red highlighted items are recommended strategies

 

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564 Hits

Index & Sector ETF Signals - 10/14 Update

TrendFlex signals for the major index and sector SPDR ETF's below are based on a trend-following system filtered to identify the "risk" to a change in the trend. The "Trend Risk" column characterizes the risk of a change in the trend. "Prior Signal" column is reset following each week's close.

Major Index ETF's 

 Symbol  Trend  Date

Trend Change Risk

 DIA BULLISH  9/30/16 MED
 SPY  BULLISH 6/29/16 MED
 QQQ BULLISH 7/8/16 LOW
 IWM  BULLISH  3/1/16 MED
 DBA BEARISH 7/8/16 LOW
 GLD BEARISH 9/20/16 LOW
 VGK BEARISH 9/23/16 LOW
 UUP BULLISH 9/16/16 LOW
 TLT BULLISH  9/23/16 MED
EEM BULLISH 5/6/16 LOW

 Sector SPDR ETF's

 Symbol  Trend  Date

Trend Change Risk

XLK BULLISH 6/29/16 LOW
XLU BULLISH 9/23/16  HI
XLI  BULLISH 9/30/16 MED
XLB BEARISH 9/12/16 LOW
XLV  BULLISH 9/25/16 HI
XLE  BULLISH 3/2/16 LOW
XLP  BULLISH 9/30/16 HI
XLY BULLISH 9/30/16 HI
XLF  BULLISH 7/13/16 MED
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1120 Hits

Watch Ted: Calling the Shots at Market Turns

We've noted here before that the TED Spread tends to be rather effective in pointing out potential shifts in the market trend.  Note the peak that the TED Spread hit in mid-September.  Although the peak was not a perfect timing mechanism for a setback in the S&P 500, it did seem to foreshadow the decline we have seen in the past several trading days.

Lesson learned: Watch TED for a potential trend shift at TED extremes.

Today? Perhaps TED is telling us that the recent selloff is overdone.  We will keep an eye on TED.

 

TED10112016

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703 Hits

TrendFlex Score & TrendFlex Signals for 10/07/2016

 

  Follow for TrendFlex Signal and Blog Update Alerts!

TrendFlex Credit Risk Premium Signals (CR)

TrendFlex Classic CR and the longer-term Allegiance signal remain on a buy.  

TrendFlex Signal Trend  Date  Return

S&P 500  Return

S&P 500 timing signals based on credit risk (CR) premiums (corporate vs.Treasury debt). 
TrendFlex Classic CR Uptrend 9/23/16 -0.9% -0.9%
TrendFlex Allegiance CR Uptrend  4/13/16 +6.7% +6.7%
Historic Performance        

 

TrendFlex Score

The TrendFlex Score increased from 1.63 to 1.70 and closed above its three-week moving average, a bearish development. We deem this slightly bearish as the score itself is not in the low range of 1.30-1.40 that would suggest a more pronounced pullback.

TFS10072016 

TrendFlex Trend-Following Signals (TF)

There are no changes to the TrendFlex trend-following signals this week.     

TrendFlex Signal Trend  Date  Return

S&P 500  Return

Score

S&P 500 timing signals based on a weighted score of US Market technical indicators. Classic (short-term) and Allegiance (intermediate to long term).  Score:  Bullish = 1.0-1.75; Neutral = 1.75-2.25; Bearish = 2.25-3.0

TrendFlex Classic TF  Cash 9/26/16 0.0% -0.2% 2.100
TrendFlex Allegiance TF Uptrend  5/31/16 +2.6% +2.6% 1.625
Historic Performance          

 The Portfolio Strategies chart remains bullish albeit with some hedging suggested.     

Portfolio Strategies*
Reduce Longs
 Sell Calls
 Hedge Longs
Set Stops on Longs
Short Overbought Equities
 Add to Longs
Sell Puts
Hedge or Reduce Shorts
 Long Futures and Options

 *Red highlighted items are recommended strategies

 

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753 Hits

TrendFlex Score & TrendFlex Signals for 10/14/2016

 

  Follow for TrendFlex Signal and Blog Update Alerts!

TrendFlex Credit Risk Premium Signals (CR)

TrendFlex Classic CR and the longer-term Allegiance signal remain on a buy.  

TrendFlex Signal Trend  Date  Return

S&P 500  Return

S&P 500 timing signals based on credit risk (CR) premiums (corporate vs.Treasury debt). 
TrendFlex Classic CR Uptrend 9/23/16 -1.9% -1.9%
TrendFlex Allegiance CR Uptrend  4/13/16 +5.6% +5.6%
Historic Performance        

 

TrendFlex Score

The TrendFlex Score increased from 1.70 to 1.73 and remains above its three-week moving average, a bearish development. 

TFS10142016 

TrendFlex Trend-Following Signals (TF)

There are no changes to the TrendFlex trend-following signals this week.     

TrendFlex Signal Trend  Date  Return

S&P 500  Return

Score

S&P 500 timing signals based on a weighted score of US Market technical indicators. Classic (short-term) and Allegiance (intermediate to long term).  Score:  Bullish = 1.0-1.75; Neutral = 1.75-2.25; Bearish = 2.25-3.0

TrendFlex Classic TF  Cash 9/26/16 0.0% -1.2% 2.100
TrendFlex Allegiance TF Uptrend  5/31/16 +1.6% +1.6% 1.625
Historic Performance          

 The Portfolio Strategies chart remains bullish albeit with some hedging suggested.     

Portfolio Strategies*
Reduce Longs
 Sell Calls
 Hedge Longs
Set Stops on Longs
Short Overbought Equities
 Add to Longs
Sell Puts
Hedge or Reduce Shorts
 Long Futures and Options

 *Red highlighted items are recommended strategies

 

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609 Hits

Index & Sector ETF Signals - 10/7 Update

TrendFlex signals for the major index and sector SPDR ETF's below are based on a trend-following system filtered to identify the "risk" to a change in the trend. The "Trend Risk" column characterizes the risk of a change in the trend. "Prior Signal" column is reset following each week's close.

Major Index ETF's 

 Symbol  Trend  Date

Trend Change Risk

Prior Signal; New Signal Date
 DIA BULLISH  9/30/16 MED  
 SPY  BULLISH 6/29/16 LOW  
 QQQ BULLISH 7/8/16 LOW  
 IWM  BULLISH  3/1/16 LOW  
 DBA BEARISH 7/8/16 LOW  
 GLD BULLISH 9/20/16 MED  
 VGK BEARISH 9/23/16 MED  
 UUP BULLISH 9/16/16 LOW  
 TLT BULLISH  9/23/16 MED  
EEM BULLISH 5/6/16 LOW  

 Sector SPDR ETF's

 Symbol  Trend  Date

Trend Change Risk

Prior Signal; New Signal Date
XLK BULLISH 6/29/16 LOW  
XLU BULLISH 9/23/16  HI  
XLI  BULLISH 9/30/16 MED  
XLB BULLISH 9/12/16 HI  
XLV  BULLISH 9/25/16 MED  
XLE  BULLISH 3/2/16 LOW  
XLP  BULLISH 9/30/16 HI  
XLY BULLISH 9/30/16 HI  
XLF  BULLISH 7/13/16 LOW  
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1077 Hits

TrendFlex Score & TrendFlex Signals for 9/30/2016

 

  Follow for TrendFlex Signal and Blog Update Alerts!

TrendFlex Credit Risk Premium Signals (CR)

TrendFlex Classic CR and the longer-term Allegiance signal remain on a buy.  

TrendFlex Signal Trend  Date  Return

S&P 500  Return

S&P 500 timing signals based on credit risk (CR) premiums (corporate vs.Treasury debt). 
TrendFlex Classic CR Uptrend 9/23/16 -0.2% -0.2%
TrendFlex Allegiance CR Uptrend  4/13/16 +7.4% +7.4%
Historic Performance        

 

TrendFlex Score

The TrendFlex Score declined from 1.68 to 1.63 and remains below its three-week moving average, a bullish development. 

TFS09302016 

TrendFlex Trend-Following Signals (TF)

TrendFlex Classic  shifted to Cash at the market open on 9/26/16. Allegiance trend-following systems remain on Uptrend.    

TrendFlex Signal Trend  Date  Return

S&P 500  Return

Score

S&P 500 timing signals based on a weighted score of US Market technical indicators. Classic (short-term) and Allegiance (intermediate to long term).  Score:  Bullish = 1.0-1.75; Neutral = 1.75-2.25; Bearish = 2.25-3.0

TrendFlex Classic TF  Cash 9/26/16 0.0% +0.5% 1.900
TrendFlex Allegiance TF Uptrend  5/31/16 +3.2% +3.2% 1.375
Historic Performance          

 The Portfolio Strategies chart remains bullish albeit with some hedging suggested.     

Portfolio Strategies*
Reduce Longs
 Sell Calls
 Hedge Longs
Set Stops on Longs
Short Overbought Equities
 Add to Longs
Sell Puts
Hedge or Reduce Shorts
 Long Futures and Options

 *Red highlighted items are recommended strategies

 

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693 Hits

Index & Sector ETF Signals - 10/3 Thru 10/7 Update

TrendFlex signals for the major index and sector SPDR ETF's below are based on a trend-following system filtered to identify the "risk" to a change in the trend. The "Trend Risk" column characterizes the risk of a change in the trend. "Prior Signal" column is reset following each week's close.

Major Index ETF's 

 Symbol  Trend  Date

Trend Change Risk

Prior Signal; New Signal Date
 DIA BULLISH  9/30/16 MED  
 SPY  BULLISH 6/29/16 LOW  
 QQQ BULLISH 7/8/16 LOW  
 IWM  BULLISH  3/1/16 LOW  
 DBA BEARISH 7/8/16 LOW  
 GLD BULLISH 9/20/16 MED  
 VGK BEARISH 9/23/16 MED  
 UUP BULLISH 9/16/16 LOW  
 TLT BULLISH  9/23/16 MED  
EEM BULLISH 5/6/16 LOW  

 Sector SPDR ETF's

 Symbol  Trend  Date

Trend Change Risk

Prior Signal; New Signal Date
XLK BULLISH 6/29/16 MED  
XLU BULLISH 9/23/16  MED  
XLI  BULLISH 9/30/16 MED  
XLB BULLISH 9/12/16 MED  
XLV  BULLISH 9/25/16 MED  
XLE  BULLISH 3/2/16 LOW  
XLP  BULLISH 9/30/16 MED  
XLY BULLISH 9/30/16 MED  
XLF  BULLISH 7/13/16 MED  
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1191 Hits

New Month, New Dividends: Welcome October!

dvdsBaseline Analytics has refined a series of stock and ETF-screening algorithms that pinpoint timely, high-probability trades and investment opportunities.

The results of Baseline Analytics' stock and ETF screens are delivered in a downloadable Excel file.  This file can be sorted to identify various performance and technical criteria to help provide a further edge to your trading and investments. Instructions are provided to guide you through your review. Our goal is to deliver such opportunities at your fingertips, with minimal research and analysis needed on your end.  We do provide a link to Yahoo Finance for each of our timely picks should you want to delve further into particular equities or ETF's.

Baseline Analytics has published its list of the stocks going Ex-Dividend in September that exhibit favorable technical trends. Perhaps a dividend-payer or two will emerge as a timely, attractive investment. This list was developed following the 8/26/16 market close. 

This list is offered free of charge.  Please check out our Premium Services , currently offered as OPEN ACCESS!

Click here for the list.

Subscribers to Baseline Analytics receive our proprietary screens regularly, and this screen in particular will be honed even further for more targeted opportunities, including noteworthy fundamental and technical criteria.  Receive these updates as well as our TrendFlex family of market trend signals and risk assessment tools as a subscriber to Baseline Analytics.

Profitable investing!

Baseline Analytics

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3964 Hits

TrendFlex Score & TrendFlex Signals for 9/23/2016

 

  Follow for TrendFlex Signal and Blog Update Alerts!

TrendFlex Credit Risk Premium Signals (CR)

TrendFlex Classic CR flipped to a BUY signal at the 9/22/16 close  (signal effective with the 9/23/16 market open). The longer-term Allegiance signal remains on a buy.  

TrendFlex Signal Trend  Date  Return

S&P 500  Return

S&P 500 timing signals based on credit risk (CR) premiums (corporate vs.Treasury debt). 
TrendFlex Classic CR Uptrend 9/23/16 -0.4% -0.4%
TrendFlex Allegiance CR Uptrend  4/13/16 +7.2% +7.2%
Historic Performance        

 

TrendFlex Score

The TrendFlex Score declined from 1.80 to 1.68 and closed below its three-week moving average, a bullish development. 

TFS09232016 

TrendFlex Trend-Following Signals (TF)

TrendFlex Classic will shift to Cash at the market open on 9/26/16. Allegiance trend-following systems remain on Uptrend.    

TrendFlex Signal Trend  Date  Return

S&P 500  Return

Score

S&P 500 timing signals based on a weighted score of US Market technical indicators. Classic (short-term) and Allegiance (intermediate to long term).  Score:  Bullish = 1.0-1.75; Neutral = 1.75-2.25; Bearish = 2.25-3.0

TrendFlex Classic TF  Downtrend 9/9/16 -2.0% +2.1% 1.900
TrendFlex Allegiance TF Uptrend  5/31/16 +3.1% +3.1% 1.375
Historic Performance          

 The Portfolio Strategies chart is a bit more bullish this week.     

Portfolio Strategies*
Reduce Longs
 Sell Calls
 Hedge Longs
Set Stops on Longs
Short Overbought Equities
 Add to Longs
Sell Puts
Hedge or Reduce Shorts
 Long Futures and Options

 *Red highlighted items are recommended strategies

 

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599 Hits

Index & Sector ETF Signals - 9/26 Thru 9/30 Update

TrendFlex signals for the major index and sector SPDR ETF's below are based on a trend-following system filtered to identify the "risk" to a change in the trend. The "Trend Risk" column characterizes the risk of a change in the trend. "Prior Signal" column is reset following each week's close.

Major Index ETF's 

 Symbol  Trend  Date

Trend Change Risk

Prior Signal; New Signal Date
 DIA BEARISH  8/25/16 MED  
 SPY  BULLISH 6/29/16 LOW  
 QQQ BULLISH 7/8/16 LOW  
 IWM  BULLISH  3/1/16 LOW  
 DBA BEARISH 7/8/16 LOW  
 GLD BULLISH 9/20/16 LOW  
 VGK BULLISH 7/8/16 HI  
 UUP BULLISH 9/16/16 LOW  
 TLT BEARISH  9/9/16 MED  
EEM BULLISH 5/6/16 LOW  

 Sector SPDR ETF's

 Symbol  Trend  Date

Trend Change Risk

Prior Signal; New Signal Date
XLK BULLISH 6/29/16 MED  
XLU BULLISH 9/23/16  LOW  
XLI   BEARISH 9/12/16 LOW  
XLB BEARISH 9/12/16 LOW  
XLV  BEARISH 8/25/16 MED  
XLE  BULLISH 3/2/16 HI  
XLP  BEARISH 8/26/16 MED  
XLY BEARISH 9/9/16 MED  
XLF  BULLISH 7/13/16 MED  
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1129 Hits

Pushing Back to New Highs?

At the Thursday 9/22/16 market close, the TrendFlex Classic CR (Credit Risk Premium) signal shifted to a BUY.  See the updated chart below:

TFCCR09222016

At the same time, our TED Spread indicator pushed to a high also.  We take this as an indication of traders and investors chasing the uptrend.  We will not fight the tape however, preferring though to sit on the sidelines and watch this transpire.

Here's TED.  Another jolt upward (and notice how positively-correlated with the S&P 500 over the last two weeks, varying from its typical pattern):

TED09222016

 

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876 Hits

TrendFlex Score & TrendFlex Signals for 9/16/2016

 

  Follow for TrendFlex Signal and Blog Update Alerts!

TrendFlex Credit Risk Premium Signals (CR)

9/22/16 Market Close Update

TrendFlex Classic CR shifted to a BUY signal at today's close, which will be effective with the opening price of the S&P 500 on 9/23/16.

TFCCR09222016

 

 

 

TrendFlex Classic CR flipped to a SELL signal at the 9/9/16 close  (signal effective with the 9/12/16 market open). The longer-term Allegiance signal remains on a buy.  

TrendFlex Signal Trend  Date  Return

S&P 500  Return

S&P 500 timing signals based on credit risk (CR) premiums (corporate vs.Treasury debt). 
TrendFlex Classic CR Downtrend  9/9/16 -0.9% +0.9%
TrendFlex Allegiance CR Uptrend  4/13/16 +5.9% +5.9%
Historic Performance        

 

TrendFlex Score

The TrendFlex Score declined slightly from 1.81 to 1.80 and remains above its three-week moving average, a bearish development. 

TFS09162016 

TrendFlex Trend-Following Signals (TF)

TrendFlex Classic shifted to a Downtrend at the 9/9/16 close (signal effective with the 9/12/16 market open). Allegiance trend-following systems remain on Uptrend.    

TrendFlex Signal Trend  Date  Return

S&P 500  Return

Score

S&P 500 timing signals based on a weighted score of US Market technical indicators. Classic (short-term) and Allegiance (intermediate to long term).  Score:  Bullish = 1.0-1.75; Neutral = 1.75-2.25; Bearish = 2.25-3.0

TrendFlex Classic TF  Downtrend 9/9/16 -0.9% +0.9% 1.625
TrendFlex Allegiance TF Uptrend  5/31/16 +1.9% +1.9% 2.30
Historic Performance          

 The Portfolio Strategies chart remains a bit defensive; we have removed the "Add to Longs" suggestion as we sort through the market's recent sell-off.     

Portfolio Strategies*
Reduce Longs
 Sell Calls
 Hedge Longs
Set Stops on Longs
Short Overbought Equities
 Add to Longs
Sell Puts
Hedge or Reduce Shorts
 Long Futures and Options

 *Red highlighted items are recommended strategies

 

Continue reading
707 Hits

Index & Sector ETF Signals - 9/19 Thru 9/23 Update

TrendFlex signals for the major index and sector SPDR ETF's below are based on a trend-following system filtered to identify the "risk" to a change in the trend. The "Trend Risk" column characterizes the risk of a change in the trend. "Prior Signal" column is reset following each week's close.

Major Index ETF's 

 Symbol  Trend  Date

Trend Change Risk

Prior Signal; New Signal Date
 DIA BEARISH  8/25/16 LOW  
 SPY  BULLISH 6/29/16 HIGH  
 QQQ BULLISH 7/8/16 LOW  
 IWM  BULLISH  3/1/16 MED  
 DBA BEARISH 7/8/16 LOW  
 GLD BEARISH 9/9/16 LOW  
 VGK BULLISH 7/8/16 HI  
 UUP BULLISH 9/16/16 LOW  
 TLT BEARISH  9/9/16 LOW  
EEM BULLISH 5/6/16 HI  

 Sector SPDR ETF's

 Symbol  Trend  Date

Trend Change Risk

Prior Signal; New Signal Date
XLK BULLISH 6/29/16 LOW  
XLU BEARISH 8/16/16  LOW  
XLI   BEARISH 9/12/16 HI  
XLB BEARISH 9/12/16 LOW  
XLV  BEARISH 8/25/16 LOW  
XLE  BULLISH 3/2/16 HI  
XLP  BEARISH 8/26/16 LOW  
XLY BEARISH 9/9/16 LOW  
XLF  BULLISH 7/13/16 MED  
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1177 Hits

What's TED Telling Us Today?

Follow for TrendFlex Signal and Blog Update Alerts! 

The TED Spread has taken another leap to a new recent high at mid-day today.  Extremes such as this have preceded a decline in the S&P 500. Today's activity bears watching.  

ted09162016

 

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1084 Hits

TrendFlex Score Update

Follow for TrendFlex Signal and Blog Update Alerts!

 

The TrendFlex Score settled today at 1.71.  This is neither an extremely high reading, or an extremely low reading.  The "neutral" measure of the score suggests that this recent setback may be rather orderly and not indicative of significant further selling. We are impressed with the sharp increase in VIX, as a close 25% above its 50-day moving average (today it was 31% above) is a contrarian positive. 

TFS09142016

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1058 Hits

TRIN Reveals a Buying (or short-covering) Opportunity

We look for a TRIN reading extreme as it surpasses its the 3.0 level.  Note that similar extremes preceded a turnaround in equities.  This behavior today convinced us to cover our e-Mini S&P 500 short hedge.  This may be just a short-term buy signal and we will review our other TrendFlex indicators to assess the health of the markets after this week's activity.

 

AATRIN09132016

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747 Hits