That's unbelievable. We still have the problems and fears we had two weeks ago, and last week when it was well into the 20's. Either the meter does not work right or our news sources including FOX news, CNN, and CNBC are constantly "LYING" about our problems!!! I just hope our military does not use this meter for any type of volatility measure!!!
If you just look around you will see that most of them are the same. These brokerage houses and banks are selling these products as hedges. They are not normal hedges by a long shot.
You could kind of tell yesterday that they really didn't care what there decision was. They should have reacted negatively, yet they did not. The corruption is too deep. This market will trade higher in 2015 until the floor drops out. I doubt if TVIX will be solvent in 6 months. Unless something big happens, I think its got 3-4 months.
That's what I have always been afraid of trading TVIX. If it took off the other way would they even have the funds on hand to pay people as it zoomed higher...I really doubt it!!!
It will collapse soon. The rice paper is tearing as we speak!!! Most of the ETF and ETN are structured so you cannot win. The definition of these funds and notes should be criminal. Just go look...Most are garbage. Go look at Credit Swisse funds and notes out there. Securities laws lets them do it. Most appear to be scams...but they are legal....Who is suppose to protect the common investor...SEC?
Does't look like it will be around that long. They are going down even on up days. This POS is getting close to insolvency.
Will not happen. It may rally from (Going to) $45 back to $55-$60, but that's it UNLESS earnings is a massive blowout and they have plans that will convince analysts and consumers it will continue near the same margins or BETTER.
These guys make some really bad trades, yet they always talk like they are doing great. Pony tail looks at future call options as a key. Everyone knows that these guys will always buy these future Calls while currently shorting the shock. If these calls are not in the same month they are basically worthless. They make a ton shorting it, then eventually sell those calls with the profits.
It just will not happen until that earnings report. Guidance going forward is everything!!!
What's funny about it?...That's all they talk about. The only reason it doesn't trade in the 20's or 30's is because there earnings will be spectacular, BUT they need to see more of the future on what they will do to keep the BUZZ of camera's going. GPRO is still the best, yet there is competition.
Wall Street guys are looking way past earnings. What they see is not so good...SO FAR. That could change at earnings, but not the numbers. Everyone knows it will be a great numbers. What they will be listening to is what they are going to do going forward.