Now,the field is getting close to level. Uncle Ben will change his mind. Now,we may start to get actual data.
Yep,I believe Gov. has been B.S reports for sometime.
Agreed. This Fed meeting was pumped up big time as a possible fear generator so it was inevitable there would be a little drop in the futures unless they really said something to tank the market. If the VIX is around 20 in say, 3 months VXX will be around the 17-18 mark. That's the real tragedy in owning this POS.
Right! A sell the news kind of day. That is what I have been trying to get through to folks posting how resilient VXX has been for months despite market being in a relentless bull run. It all evens out in the long run. And, as happened today, a market selloff at these levels actually is soothing to the market, because well overdue. And with each selloff, there will be less and less market anxiety as long as the selloffs do not result in panic bailing of positions.
We rarely have a market like this, and traders need to pay close attention to what impacts the VIX and VXX, if trading volatility. Shorting the market is a lot easier. I now rarely swing trade VXX. I mostly just keep short position in UVXY to hedge my market short position.
I wouldn't be surprised.
Triple witching.
The reason VXX was almost flat was that VIX futures were almost flat.
On a normal day (i.e. no Fed announcment) with a 200-point Dow drop, we would have seen VIX futures rise 3 - 5%, causing VXX to rise. So, the question is why did the VIX futures stay flat ?
My guess is : The VIX futures were already elevated a bit due to the anxiety surrounding an adverse Fed announcement. There was a relief of that anxiety, which counterbalanced the effect of a market drop, causing flat VIX futures.
I guess we are going to go back to more normal VIX future pricing (18 - 22 range) gradually. Hence there may be a rising or flat VXX for some more time, and then it will start to gradually fall again.
Dido
That tells me a lot about your trading strategy. All in on every trade. I am sure you lose a lot of money.
I would not mind at all if this went to 22. I would just continue to fill my position and reap the rewards later.
It so obvious you don't know what your talking about. You sound just like a beginning trader and will lose all of your money in short order.
If haven't yet, pull up a 5 year chart of VXX. LOL
I repeat, short VXX/UVXY is a great hedge for a trader who is short the market. It doesn't get any better than today. This is the american dream! A great day for this trader! Way to go BenB. Sock it to the market with your QE or not to QE. Now, any growth in economy will result in market selloffs. If the housing market gets on a roll, which is happening right now, expect a little volatility.
But, as the market tanks, does not necessarily mean that VXX will rise! Just keep that in mind, and recall what VXX did today!
MM's just playing the tape. Rinse and repeat. Back to 21 in a week
Tells me one thing.. MM's needed to sell it off to get out of their existing puts that expire Friday at the same time pick up some calls at the discount level... Gonna sky rocket the next few days!
You sure are stupid
Jr. it is obvious you are very new to trading by your limited knowledge. Keep your diapers on because you are sure to fill them over and over.
The boogie man is not behind every door you don't open. LOL
Whats crushed 1 penny?? LOL good thing we all didnt listen to you and didn't "short again!"
Really??? Considering they drove it down from 20.38 to 19.15 and brought it back up to 20.08.... Just like I said idiot! 22 by Tuesday and your #$%$ will be hurting.
The market is down 1.25% and VXX is negative.
You should not be allowed on message boards pumping this dog.
Long VXX is for fools like you and someone stupid enough to listen to you.
Tell me, how much money do you lose every year? Probably another message board troll with no money to trade. LOL
You do your second by second analysis and get back to me later.
Your a VXX long that has lost his #$%$ on this product.
The market is down 1% and VXX is down .7% and think you are a smart long.LOL
I understand your frustration being as ignorant as you are.
Dead on as usual~!
You look like the biggest idiot in so many ways... Way to talk down to someone, when you're the one losing your #$%$. Nice post! "VXX getting crushed?" LMAO
I thought it was getting crushed??? You have no clue.. You're flying by the seat of your pants idiot.
Time to start scaling in a position. Don't do it all at once.

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