Disclosure: Long TVIX under $1
TVIX is up in after hours. It has a sizeable short position. It can have explosive upside action. In September of last year in less than 30 days it moved from below $3 to over $6. Accordingly, do not allocate more than one-third of your available funds should you decide to take a position. Near term I expect better than a 50% gain which doesn't imply there may be some downside prior. Having cash available to buy lower is a strategy I find fundamental to success. It's inarguable that if you only allocate a third of what you have available, downside action will not overly demoralize your thinking.
I do not trade nor invest in currencies. To get some insight on the movement of the dollar, chart UUP, maybe for 2 months. The 50 day $25.54, low $24.47, high $26.24 quite the volatile range IMO.
To weigh in on an effort to better answer your question, if the dollar depreciates, you could expect commodities to go higher. As you've admitted to being "new at this" your question far exceeds what I presume to be your trading and investment acumen. At the same time and conversely, your question, although straightforward and on the surface perhaps not sounding deep, it is extraordinarily so. Complicating all the foregoing, minutes ago CNBC reports banks plead guilty to currency manipulation. The website marketwatch has that subject covered. Note, fines total $5.6 billion. At the top of the hour, Fed minutes are to be released. Watch the market reaction if you are in watch mode.
Had owned this near the bottom. Santelli/CNBC was on today commenting on a conversation he had with a professional trader. The conversation included the next 2 Fed meetings. The June meeting there will be a press conference. Not so for the July meeting. Santelli's contact believes the rate hike, small, will come in June. I have my portfolio adjusted primarily in crushed equities. I have been accumulating cash from my monthly income and will hold my long positions as I feel confident any downside irrespective of the Fed actions
is limited. At the same time, playing what I expect to see in the broader market, I've taken a sub $1 position in TVIX. An opinions that lean toward intelligent agreement or disagreement will be appreciated.
A decade? Have you checked at 10 year chart? Seems not. Over the course of 10 years, the gyrations on the chart show both longs and shorts both win & lose depending on when they open their position, you clown.
If you're long you are disgustingly pathetic. If you're short, you go about posting with dishonesty.
You lack the experience and the expertise to make such a decision. People with the qualified background aren't posting with suggestions such as yours.
The news at Capstone (CPST), at the tail end of the news, Zacks rates Capstone a buy. Feel free to click my screen name. I said the following before the close at DRYS. Shorty getting a tiny squeeze - More pain coming for shorty - and DRYS closes up 7.64% today.