|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||40.39 - 44.70|
|52 Week Range||25.59 - 74.20|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.89%|
The market is showing a healthy dose of fear regarding volatility and VIX and is still managing to rise. With VIX playing such an important role lately, this is an important development.
The last Federal Open Market Committee (or FOMC) meeting was on January 30 and January 31. At this meeting, the target range for the Federal Funds target rate was left unchanged at 1.3% to 1.5%. This decision by the members was made after assessing current economic conditions and the outlook for economic activity.
Based on historical data, E*TRADE says that investors should brace for some stock market weakness this Wednesday and Thursday.
Stock markets around the world have rebounded from the panic selling that rocked markets between January 26 and February 9. A sudden spike in volatility (over a 100% increase in the S&P 500 VIX) could have forced risk managers to rebalance their portfolios, leading to the sharp sell-off. Equity markets in the US recorded the best weekly gains since 2013.
Stocks rebounded strongly on Wednesday in the wake of what looked, on the surface, to be a strong Consumer Price Inflation report. In the end, the Dow Jones Industrial Average gained 1%, the S&P 500 gained 1.3%, the Nasdaq Composite gained 1.9% and the Russell 2000 gained 1.8%.
It’s been a long time since stock market investors were rattled, but February’s trading action has served as a friendly reminder that bull markets don’t last forever. Ray Dalio , co-chairman and CIO of ...
Equity markets found no respite as global indexes struggled for a second straight week in the week ended February 9. Two days saw a 4% drop in indexes, leading to a huge surge in volatility in equity and bond markets around the world. The week started off with a drop in bond yields, whose rise was a key trigger for the recent market rout. The brief US government shutdown, which ended with the approval of the US budget, is likely to add to the US deficit and affect bond markets.
In financial markets, a 10% drop from a recent high is considered to be a “correction.” For US indexes, January 26 was the day that the markets closed at the highest level. A 10% fall is making investors question that theory. The most interesting observation is the increased volatility in volatility indexes, primarily through volatility-based ETFs and ETNs like the iPath VIX Short-Term Futures ETN (VXX), the ProShares Ultra VIX Short-Term Futures Short (SVXY), and the ProShares VIX Short-Term Futures (VIXY).
Pointing fingers at some VIX based products as reason for current market stress in ingenious as it misses how widespread the volatility selling strategy was and it ignores the positive impact vol selling had on stocks on the way up.
Jim Cramer asks: Is every one of these vexing VIX derivatives going to have to go bust before this torture ends? Looks like it.
February fools! After appearing to have begun recovery from the early week sell-off, the markets took another big dip Thursday. The S&P 500 closed down 3.8 percent, Dow Jones Industrial Average 4.2 percent ...
Along with that, you may have head reference to volatility products like “the VIX,” and an ETF called VelocityShares Daily Inverse VIX Short-Term ETN (NYSE:XIV) having a “liquidation event.” What does this all mean and why should you avoid these ETFs? The “VIX” is the CBOE Volatility Index. Thus, more volatility equals higher options prices, and the VIX will rise.
Eddie Perkin, Eaton Vance chief equity investment officer, discusses the role of volatility products in the markets after a choppy trading last week.