Carry both XIV 75% TVIX 25%. If pre-market market is way up, take your (LOSS) on TVIX and keep XIV. If its an undetermined day keep both. Its worked so far. I did not flush TVIX. I usually do not flush it when the VIX is this low, because XIV pays for it and you never know what the weekend will bring!!!
If you are paying higher tax your making more money. Its a glass half empty, instead of 1/2 full.
True, but Wall Street does not care about pretty good prices. If POT had already factored a $25 buck increase in there numbers they could miss on earnings...right?
All these problems and the VIX is down to 13.95 down -1.71. Any economist would have seen the FED news as as a reason for volatility to increase not decrease. What I would like a CS FA to answer is this? How do you see TVIX as a hedge. The true answer is it is a hedge, but a hedge that is only 5 cents to the dollar. We get 5 cents and the fund managers and traders of TVIX get the rest.
If you know me I am against all of the Leveraged ETN's, especially Inverse VIX products. I do not have to have any positions to speak my peace. I did jump in at $1.84 just because the VIX fell way to quick on this news. I would like to find a real hedge against the market. Most are rigged...Even the SPDR's are a POS, yet its the best we have without shorting individual index's or stocks. Actually I prefer XIV not TVIX. There is no need to short much at these levels anyhow until next quarter when a lot more companies miss there numbers...Good Luck
I would file ethics changes against them and picket there offices if they had any close. It is time they stop selling these products as hedges, when anyone can see they are everything but hedges against the market or the VIX index.
The only reason it hasn't happened yet is because it will effect everyone that uses the US Dollar. You have heard of the ole saying "Between a Rock and a Hard Place" THAT"S OUR ECONOMY!!!
We cannot pay our bills now. How are we going to pay them with interest rate hikes. Dollar Crash is coming in September, according to some economists. This is a type of corruption due to knowledge of fate. Interest rate hikes could trigger a "DEPRESSION". If we do not raise rates other countries will eventually call our bluff and that could also cause a "DEPRESSION", due to borrowing ceasing.
The FED is hinting that we "CANNOT RAISE RATES BECAUSE THAT WILL CRASH MARKET". What a bunch of #$%$. Like I said they will never raise rates...REASON: IT WILL CRASH MARKET!!!
Dude!!! You must be on a Pirates ship drinking "RUM"...$4.15...Whoever gave you those #'s needs to be jailed!!!.
ADM now trading below market average at 13X. This is a company that spent some money that paid off with an Income Statement that doubled from 2013 through 2014. 2013 I/S 1.342 billion to 2.248 billion. This kind of income deserves a lot higher PE than 13.
He said that last month before earning also that calls were up. Big Deal!!!. Wall Street hates KING. I guess it was the one hit wonder stamped to Candy Crunch Saga. Since then they have had 2 other games that has done well, yet Wall Street is still hesitate. Gonna look and she what Schwab options table shows!!!
I cannot believe this company did not get in trouble for front running??? maybe its because they never really had the contract so its huge jump and later sell-off could be called just an ethical snafu!!!...right?
The big boys only own Mining stocks when they have mutually decided to favor them. When its time for them to trade up to position the market according to plans it will rise, otherwise it will continue to fall.
Fandango!!! Candago!!! prices??? Where are they devised from? They are numbers only hit in a crisis, not during normal fluctuations. Because of the lack of market fundamentals these ETN's are contracts from hell...!!!