Internet is full of these lying scumbags. Charles Schwab had this stock rated "A" (Strong Buy), yet recently changed it to "B" (Buy). Hopefully it will take off soon.
Aluminum and Copper are the 2 metals that tell how things are going. AA has been pumped soon it will follow #$%$ companies like TGB. They are building a lot of cars right now, so it will take longer for AA to start its descent.
TVIX is a quick trade at best. TVIX needs big problems to move higher. There are many better shorts in this market. These VIX inverse Notes are probably the worst ones to hold. SPDR's like the DXD, SH, PSQ, RWM, and others do not rip you off near as much.
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.