I tried these guys and after my first week I am up 900% in gains. Ultimate Stock Alerts (search Google for them)
- US role as World leader
- worsening income inequality,
- elevated levels of debt in Washington,
- a rickety economy over-dependent on the Federal Reserve’s black magic, and
- subpar education.
- King's sweaty jewels....does anyone have a decent antiperspirant?
Nice way to cya. Perhaps Proshares employs you for propaganda, They should be ashamed to floating lame ducks like uvxy and several other ETFs. Nothing but sweet shorting for WS insiders. The index to which it's hitched is severely flawed. Days when SPX went up by 3-4 pts saw uvxy drop 5-6% and more. Today SPX goes down almost 5 and uvxy is up a measly 0.3%. I know my math so don't try and tell me the ^SPVIXSP is not a fraud.
i'm out. thnx to all u veterans for our freedom... mine to 'tranfer fake $' and for guppies to freely t0ngue sweatie jewel$ w/o missing a day. RoF
but seriously, thank you most of all for defending this beautiful country and all it's glory. hv a great wkend....except u guppies, stay up all 3 dys/nts...'trolling' & worried sick. ;-OOOOooooo
I make that in my first 20 minutes for breathing and he's pushing a scam?!! -; OOOooooo
Sentiment: Strong Sell
Yes, conspiracy theories on this board are mildly amusing:) Even without Bloomberg terminal, you can check numbers all by yourself in Excel. Simply download VXX, UVXY, VXV and VIX data from inception and use some remedial 8th-grade math:
a. VXX tracks monthly-weighted average of VX1 and VX2, easily approximated with VXV;
b. UVXY usex 2x leverage of above formula, whereas VXX uses 1x leverage.
c. Over time frame VXX and UVXY are affected by roll yield, approximately average of ln(VX2/VX1) and VXV/VIX, well documented in literature and dozens of papers;
d. UVXY has additional cost deriving from "constant leverage" - all well documented in literature.
Combine these factors together, and you will find UVXY and VXX track expected/theoretical prices near perfectly, no surprises here...
Uncle. I'm out. $6k down, but that's it for me. Selling at bottom? Maybe, but the contango roll accompanied by Fed hammering is brutal right now. I prefer to hold SCO long in this environment. GL everyone. I'll be back in soon. I'm just not sure when. Have a great holiday weekend.
Glad I came across these guys. They literally made me $600 in 2 hours. Ultimate Stock Alerts (you can find them in Google)
You mean a flawed benchmark which doesn't even show it's own history. I wonder why? UVXY in cahoots with those benchmark makers? Sounds like it.