Yes indeed it was, although I have a strange feeling it may be being pushed along by a few undesirable market Manipulators at this point!
Tvix is now below its pre Brexit levels! Regardless steer clear as it is controlled by market Manipulators and others.
Steer clear! This is in no way tracking any index whatsoever this much is quite certain. Market Manipulators at play here!
A small inconvenience for GB freedom from EU shackles!
WOW! 8 years of manipulation followed by non payment and shareholder robbery! Corruption prices it at 18 and change!
Wow! 8 years of manipulation in Dndn shares landing in their laps. Robbing Dndn shareholders wasn't a good idea. Corruption is hard to overcome. Pay up now while you still have a chance!
Dow, Nasdaq, and s&p all down from dec 31, 2015. Tvix is indicating Brexit is a non event. I would not advise this product regardless. If there is a contango with all three averages down for the year these may not be the managers you want to invest with.
With the Dow, S&P, and Nasdaq all down for the year your contango theory is garbage! Tvix is indicating that the Brexit hysteria is nonsense and the markets going higher! Unless the managers of Tvix have the worst luck of anyone trading it should be priced at least three to five times what it is printing if Brexit was the issue it is being built up to be. Your contango argument is refuted by all three market averages being crushed over the last three and six month periods.
Contango reasoning is nonsense as the performance of almost any mutual fund this year will tell you! There hasn't been enough market momentum to create it.
Still down 100%+ from what it was earlier this year! If Brexit was the panic they are attempting to portray it as Tvix would be Skyrocketing instead the two times Vix future say it is preducing less than half the volatility currently occurring and 100%+ less volatility than just a few months back! It could have performed similarly on a remain vote.
These same naysayers and whiners on Brexit would have been cheering for the US to stay under British Control in the 1700s! Happy Independence Day GB!!
Sure than ran a few stocks down to make it look negative yet Needed a mid day pump to get it looking more negative the Vix is still lower than three months ago! Can't get any faker than that!
Most obvious is that it is still down 100%+ from where it was a couple of months ago! They ran high visibility stocks up to create the appearance of a crash but clearly there is NO Volatility shock reaction in the Vote whatsoever!