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Terms and Conditions:  Data in this report is taken from sources deemed to be reliable. Calculations of signal performance are based on the date of each signal and are not annualized. Since the signal prices are as of the close of trading on the dates shown, replicating the signal returns may be difficult as trades based on these signals would differ once the markets reopened. In addition, attempting to reproduce these returns as shown would require a strict application of each signal on as timely a basis as possible. Quacera analysis involve thousands of calculations and may have errors. From time to time, Quacera may be long or short some or all of the securities mentioned in this report. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities or other financial instrument or any derivative related to such securities or instruments (e.g., options, futures, warrants, and contracts for differences). This report is not intended to provide personal investment advice and it does not take into account the specific investment objectives, financial situation and the particular needs of any specific person. Investors should seek financial advice regarding the appropriateness of investing in financial instruments and implementing investment strategies discussed or suggested in this report and investors should understand that statements regarding any future projections may not be realized. Any decision to purchase or sell must be based solely on existing public information on each security and not solely on this report. Prices are subject to change and therefore results will vary from those tracked in the reports. Securities and other financial instruments discussed in this report, or highlighted by Quacera LLC, are not insured by the Federal Deposit Insurance Corporation and are not deposits or other obligations of any insured depository institution. Investments in general and, derivatives, in particular, involve numerous risks, including, among others, market risk, counterparty default risk and liquidity risk. No security, financial instrument or derivative is suitable for all investors. In some cases reliable information about the value or risks related to a security or financial instrument may be difficult to obtain. Investors should note that prices or value of such securities and instruments may rise or fall and, in some cases, investors may lose their entire principal investment.