...and if they don't disappoint? Hey, I'm in here and hoping for the best. Jobs report may not disappoint, but they are likely not going to inspire either.
It's not an investment...it is a day trading security, mostly. You hold too long, you end up with a bag in most cases.
Market may push a bit higher, but you're right, fear should be brewing as market is not going to hold these levels.
Yep, 2150 here we come. It's aggravating to enraging when you are holding UVXY from higher levels expecting it to rise back to those levels...even $11 seems like an eternity away right now. When you are on the sidelines, like I am...although I did stupidly let go of 1K at 9.04 to get to transferable cash sooner than later on Friday...it is just a matter of when the market will take an expected breather, like today, before resuming it's inexorable march up to 2100+ I will wait for that level or higher before I take another stab at this. As always, it's a quick in and out. It always amazes how quickly it falls back down. (.83 at the hod today, now trading at just above 9 in AHs, wow.
a little selling into the close would be nice, but gonna have to wait until next week for any more significant move. Even then, it ain't gonna be much...but a healthy pull back is in order to say the least.
Hope you're right...and just about the time my $$$ get wired into my new account. Was drooling over these 9.50s in AHs today, but sub 9s 2 hrs before the close would be perfect:-) If the market does continue it's rally tomorrow, what's going to happen Friday, July 1st, historically the most bullish day of the year for the mkt? Isn't a breather in store sometime this week, after such a major bounce?
Killing the markets is exactly why Yellen will remain dovish on raising rates...QE is not even an issue right now. As far as Brexit is concerned, I've read several articles on it and the "stays" are leading the polls apparently. So even though there is fear of it happening, it very well may not happen, in which case there could be an epic short squeeze in the market. It will be a gamblers game to side on way or the other.
Don't necessarily expect the Fed to surprise in favor of the shorts. Yellen's principal aim is to save the market...we'll see
My thoughts too, nd...mkt will sell off more tomorrow but I'm guessing dove speak will give the mkt a bounce on Wed. I'm on the wrong side of the trade here trying to catch a bottom on XIV but am expecting a dead cat rally to stop the bleeding mid week. My hope anyway. Never seem to be on TVIX/UVXY when the sh*t hits the fan, oh well
Good points, mikey...probably better to save the powder for the big moves. Most of the big money has exited stocks already, anyway. Not sure what will create the kind of fear that will spike the VIX for several days running. Thoughts?