Indices have entered an uptrend with 1430 SPX support. Momentum isn't going to invert sharply today. VXX is going to stay down based on this roll yield. Elections are already factored in. People are pouring into equities because October is over. No more earnings to worry about in the after hours. I salute the contrarian that believes a crash will happen today, but it would just be irrational thinking. A downside surprise in factory orders won't save this one.
the only thing being entered are billions of dollars in FED injections
which are nothing more than bank bailouts to infinity
all paid for by the taxpayer
this debt bubble will pop soon
like all the other bubbles before it
you can count on that
Seriously, why don't you just admit Obama has won the election and VXX is doomed? I don't get it- you hate your money that much? I have a feeling you'll be long gone Tuesday night when the election results come in and Romney gets roasted.
BTW VXX is down 12% in under 48 hours and dropping fast- you will see a new all time low probably today but certainly no later than Wednesday next week.
I 'll be here on Wen , i might be a little late, i plan on celebrating Romneys win. I'll be up until it's all over and Romney has won , he should put it away early , not the usual 4 am. EST win. I'm thinking by midnight it will be all over. GOD BLESS PRESIDENT ROMNEY !