I don't know what else to tell you.
They're not nearly as expensive as May, but still it's surprising.
he has said a few times that 0 rates adds a certain level to the market based on how many years they stay at 0. What if we stay near 0 for 100 years? A serious question!
Very Zen question! I will say yes, as my definition of bubble is that stock prices aren't being determined by the fundamental value of the underlying companies.
I am now thinking we go at least 50 more years before Fed Funds is over 2%. Hussman is insane if he thinks a rate hike is coming.
VXX follows right down the toilet! LOL. I think we need more QE as the US economy has once again entered recession.
That's all you need to know folks.
Well, obviously something big is expected in May. But I can't find any news indicating that. Given that the company did an offering near 10 last year, I would think selling the 12.5 puts for 3.50, giving an assignment price of $9, would be a good move. But it always gives me pause when I see puts with such huge premiums, wondering if somebody knows something.
There is, therefore, no reason to own TVIX.
That's the question you have to ask yourself. Just saying stocks are in a bubble means nothing. Of course they're in a bubble. Fundamentals have absolutely nothing to do with this even Ed Yardeni is saying that. He also thinks we're about to do a true moonshot. So ask yourself why the Fed would ever pop this bubble.
And we don't need any! LOL!
This is still a very, very high risk situation. As you pointed out. If the economy is beginning another downturn, big trouble for leveraged companies.