Its strange that everyone bailed because of the revenue in Zohydro is limited by Purdue and others that have the same drug coming out possible next year. Meanwhile Zohydro will be a revenue monster. ZNGX has other drugs and there previous quarters do not look that bad.
Miners are dying...If Miners would just be straight with shareholders on the real problems they may help repair this atrocity being waged against Mining companies internally and externally.
This market is so economically illogical, it has people fearing or distorting their view of real logic. Its aggravating to "KNOW" that commodities should be through the roof and stocks should be way "Down" on paper, yet this four trillion dollar QE game has people thinking now that everything is under control and its not by a "Long Shot". People, the real picture of logic should be that we are walking on rice paper in high places, and its just one event away from falling through into bottomless pit!!!
Big $$$ already knows what she is going to say. If she mentioned interest rate hike anytime soon, TVIX will shoot for the Moon. If she puts off the increase the market will go even higher and VIX will go lower. Its a joke, and it certainly isn't a secret to the Billionaire Boys Club!!!
My God...all these issues..including the Japan recession should have this thing up $3 bucks on the VIX and 50 cents on the share price. For it to move negative on a day like this is even crazy for TVIX!!!
This is a range when everything is ok...right? We are far from being ok!!! Have you noticed that they rarely mention the Ukraine, Syria, Iraq, Afgan, and other issues that should have the VIX at 30+.
Its so obvious that Inverse Funds, Precious Metals Mining companies, and now Oil services are being manipulated to a degree that could bankrupt many of these companies. Most of the Inverse and Mining companies are down almost 90%...As far as Oil /Gas services it could bankrupt many companies and at least force them into consolidation. Its getting really pathetic!!!
VIX is at 15 and change. Have we solved any of the problems since the VIX posted 23 last week?...I DON"T THINK SO???. Actually we have inherited more problems or issues that should have caused an INCREASE IN VOLATILITY!!!...Remember the GREEK issue from this morning?
Does anyone know if TVIX (short side) is backed by any large hedge funds. It looks like its the same flow of trading before QE ended. I really wonder if they ended QE or is just calling it something different and keeping it on the down low!!!
There is obviously a move to push Miners to near bankruptcy and make the majority of Inverse Funds/Notes insolvent...right?. It sure appears that way by the charts. Things are not moving by true volatility, but something called implied volatility. All appears to be done with QE borrowed money...right? If not explain it too me!!!
Its crazy isn't it. I cannot believe the shape we are realistically in. I have not seen an economist on CNBC in quite a while, because most of them know how bad it really is. When they do have someone, they attack them.
If you can break through $15.80, next train stop is the 200DMA of $22.50