|Bid||34.33 x 400|
|Ask||34.59 x 500|
|Day's Range||33.68 - 35.19|
|52 Week Range||21.24 - 58.60|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.96%|
All These Are Playing Gold: Are You? Trade war fears between the United States and China have moved the markets over the past few days, and the rout of the equity markets gave further support. Here, we are using the CBOE Volatility Index (or VIX) as a calculator for overall market unrest.
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).
Cryptocurrencies Recover from the Rout: What's Next? The RSI (relative strength index) level for the fund was 45.4. Although cryptocurrencies remain distantly correlated to the S&P 500 Index (SPX-INDEX), the fall in the equities market and the rout in cryptocurrencies may or may not be a mere coincidence.
Interest rate concerns are triggering risk-off sentiment in the equities market and fueling bets on the CBOE Volatility Index, along with VIX-related exchange traded products. On Friday, the iPath S&P ...
CBOE Volatility Index-related ETFs jumped Monday, with the VIX trading at its highest level in five months, as U.S. equities pulled back and yields on benchmark Treasuries rose to their highest level in ...
Every segment of the global financial markets began 2018 on a positive note. The global equity rally of 2017 extended into the first week of the year. Commodity indexes (DBC) moved higher with the help of strong crude oil prices, and the high-yield bond markets moved higher.
Bitcoin has steadily fallen in price since the holidays began, but it looks stationary from yesterday. Bitcoin prices have been almost flat over the past 24 hours.
The US stock markets were closed on Thursday, November 23, 2017, for Thanksgiving, and the next day (Black Friday) was quite slow for precious metals. Gold played in a narrow range that day.
Besides the impact of interest rates, there are also other global indicators that could play on precious metals—the most important being the US dollar.
Several brokerage firms classify options on volatility products as equity options taxed as securities. Our CPA firm established a substantial authority position to treat most of these volatility options as non-equity options with lower tax rates using Section 1256.
Precious metals have been buoyed by tension in North Korea. If North Korea does another missile test, it could prompt investors to move to haven assets such as gold, silver, Treasuries, and major currencies....
The key reason for the debt ceiling deal was to approve aid to Hurricane Harvey victims. A US government shutdown could have adversely impacted relief operations.
The US Federal Open Market Committee (or FOMC) is scheduled to meet on September 19 and 20 to discuss the current economic climate in the US and to decide whether any monetary policy adjustments are necessary....