Watch Market Dive as the Fed hints at ending Quantitative Easing today
Question is will you be holding uvxy today when it rockets higher on news the Fed will stop printing play money in August or September. Market worried about the end of the free money and low interest rates.
Probably, the FED's that can not get prosecuted for insider trading, is buying up the market at this level. Then a rabbit will be pulled out of their hat and announce something to make the market rally, again. Then they will sell. ABRA CADABRA, they made more millions.