I used to think like that too... but this is the 3rd time this month WSJ has leaked that kind of info - spot on every time - and i'm still kicking myself for laughing it off when they said Buffet would merge Kraft & Heinz. So, i'm in this time and if i were short, i'd be scrambling to cover.
it wasn't bloomberg... WSJ leaked the story. same guys who leaked the KRFT merger this week, and so far thier leaks have been spot on.
Cross your fingers. if S&P rallies just 10 points into the bell, TVIX will finish back in that range. I had to spend the day with my left finger inside my right ear, imagine that, because the doctor cancelled all my meds.
Universal health care, blue & white collar entitlements, PTC and other clean energy incentives competing with traditional fossil subsidies, tax loopholes getting plugged, liberal poosies can spend, spend, spending on cracked-out stimulus plans... believe me, the end is near, and $1000 is nearly here.
Lots of insider buying. Check EDGAR. Something's brewing... the big $ knows we're on the eve of destruction, and is quietly accumulating public shares for a hostile takeover. TVIX is a diamond in the rough.
That is indeed a strange phenomenon - an inverse ETN that follows the market down - and it seems to be pretty reliable for TVIX. TVIX pushes down when the the market is bad, and pushes down faster when the market is good. Under those conditions, why would anybody buy and hold? Without indulging in pseudo-psychological speculation, your guess is as good as mine.
I didn't see your email until you mentioned it. I responded a few minutes ago. Have a good day on the market Buzzer; i'll be here harassing TVIX longs (collecting red thumbs) when there's nothing else to do. I might even short TVIX if it bounces in the morning, then hold it long enough to cash in on the inevitable EOD decay.
Probably. The Yemen war (opening day) i think was a one-hit wonder for TVIX. Might get another day of traction, if that, then the the nice-nice jobs numbers kick in, not to mention oil might continue to rally, and FED rate hikes are already off the table. TVIX then resumes its inexorable downslide reinforced by decaying share price. Even today, if you were paying attention, the S&P closed slightly red, yet TVIX shed 2.5% (the inverse mechanic obviously isn't working at these levels and with this bloated float - It's a daily short). I made the mistake today of buying on war news, but that's an error i won't repeat. I might take some time off soon and go to Seoul for a few weeks (yellow fever kicking in). Nice thing about the Asian Pacific time difference is you can get always get on the market at 10pm, if you feel like it.
New crop of enthusiastic longs with immediate positive reinforcement. Now they will hold stubbornly back to $1.20, posting stuff about neoconservative ideology, share price manipulation, and investor ignorance ("Don't these sheeples know the market is crashing?) along the way.
A little more info about how the bull market is actually a market crash, but the sheeples just don't know it yet might have got the party going... i actually lost $ on TVIX today. (I bought instead of shorting.) It was my first TVIX loss in over a month. Guess i'm losing my touch.
With that many middle-eastern states in the mix, fugazi is a guaranteed outcome... but long, ongoing military operations often have limited time headline value.