and not because both ETF"s have dropped over the last 7, 8 years. What the SEC should investigate are the small moves higher Uvxy and Tvix have completed over the last decade to determine if these two ETF's trades fairly both ways. If the SEC did that they would flat out shut down both Uvxy and Tvix because the long term pattern shows,
Both ETF's trade down 10 times faster then they trade up
Both ETF's (when Volatility strikes) act irrational and many times show little gain/profit for long investors
Both ETF's are now 2 to 3 hour holds versus years back when you could hold them for weeks if not longer.
Both ETF's don't react to Volatility anymore (short term or long term)
Lastly, both ETF's don't follow any regulatory guidelines or SEC compliance guidelines since their both broken vehicles for those who think they are a smart way to play a never coming market correction.
as Iran shouts "Slow down guys - we want to catch up" so we can buy more missiles from Russia and nuke our neighbors. And Obama thinks he has all the answers with idiot Kerry at his side. HA
Alberta-fueled oil rally is just a brief rebound and nothing sustainable. Oil back to high $30's soon as chief market strategist at FXTM, Hussein Sayed warned investors. "Don't get too excited about a sustained spring rally. In a note headlined “[I]f history repeats itself, get ready for an oil selloff,” he pointed out that the adage “sell in May and go away” appears apt for the oil markets this year.
To put Icahn's short position in context, finance blog Zero Hedge compared Icahn Enterprises’ portfolio to what it had considered to be the most bearish hedge fund, Horseman Global, which has profitably run a short book for four years. Horseman’s net short position is just 98%, far less than Icahn’s 149%. Sure looks like the "Big Boys" know what's coming. And it ain't pretty.
so its a "no brainer" buying Nugt here since Lady Dove Yellen is now Super Dove Yellen after today's awful non-farm payroll numbers.
Jr - Do we hold over $1,300 this time when we break through. I think we do and actually climb higher since more and more Fed board members will come out between now and mid June stating that the Fed should be very cautious raising rates due to slowing U.S. economy and likelihood of a China economic meltdown.
as the FBI get closer and closer to throwing the whole Bunch in a dark cold Jail Cell.
Hillary Clinton's former chief of staff, Cheryl Mills, is asking a federal judge to order a conservative group not to release audio or video recordings of a deposition Mills is scheduled to give Friday about Clinton's use of a private email server during her tenure as secretary of state.
sure looks like the "Perfect Storm" for Gold to jump higher as China, Japan, Europe, England and soon the U.S.A all start easing over and over again - printing play money like there is no tomorrow while Nugt/Gold ramp higher.
so now is the time to "short" Spy since the market is unprepared for a June rate hike as Volatility starts to spike going into the June (stock market) swoon. Fed will act for no other reason then to justify their very own existence. And we all know when 70%, 80% of the Fed board members start yelling for a "June" rate hike Yellen with her new hark ears will listen and then follow through.
Who says Volatility has disappeared? Oh and I could of thrown in Brazil default/civil unrest, China implosion, and Donald writing Nuclear launch codes on his hand with a black magic marker.
Stock market heading for cliff but the "bull" forgot to pack a parachute.
because American don't like to vote for Baboons. Especially one with an awful haircut that wants all minorities out of the country and the other that continues to lie, lie, lie like there is no tomorrow. If you gave either of these two jokers a lie-detector test the machine would blow a fuse because it couldn't keep up with all the Lies.
with the "FED OUT OF BULLETS". So you can now add the Good Old USA heading into slower economy/recession with China, Japan and Europe all in a "recession" hand basket. And unfortunately for the Bulls - "no more easy money" to print. Sure Looks Ugly short term and long term.
Good post and all of your points are "spot on". There are many gold bugs that missed this precious metal jump and now wishing/dreaming to buy in at a lower level and then go long. Not going to happen as the dollar will continue to weaken as the Fed sits on their hands in June and says "Not sure when we raise rates".
And now you're see gold buying picking up in India, China as jewelers buy in now before Gold breaches $1500 an ounce..
Gold, silver extend gains on global cues, jewelers buying. Bullion traders said sentiments remained bullish on the back of a firming trend overseas as the dollar tumbled to a 11-month low after the Bank of Japan unexpectedly held off on expanding monetary stimulus, boosting the appeal of alternative assets. In addition, continued buying by jewelers and retailers to meet the ongoing wedding season demand supported the upside.
and it gets better -
Gold for immediate delivery rallied 16 percent in the first three months of the year, the biggest quarterly surge since 1986, as the Federal Reserve refrained from tightening and central banks in Europe and Japan pressed on with negative interest rates. Druckenmiller, the billionaire investor with one of the best long-term records in money management, said last week gold is his largest currency allocation and the bull market in stocks was exhausted.
since you gone in nine months I'm raising rates next month. Rather act now while I still have a job versus being unemployed when Trump takes office. Obama to Yellen - "Make sure you sign up for Obamacare before Trump gives you the boot". It might make you hard landing a little softer.
as new investors come in and buy on the cheap. Today's trading volume was also impressive since we went over average volume levels. Now all we have to do is drop below 18,000 on the Dow and let the sell off begin.
by Wednesday on this news -
Investors are flooding back to precious metals this year as risks to the global economy prompted the Federal Reserve to signal it will take a slower approach to further interest-rate increases. That has weakened the dollar and added to the appeal of owning non-yielding assets like gold. And remember goldbugs - we're just in the second inning of a big Gold Push Higher. So BUY and HOLD is your goal for 2016 and possibly 2017.