kibo
14 posts
msg #133957
- Ignore kibo |
1/30/2017 10:59:02 AM
I guess XIV has some room to fall. There will be better buying opportunity.
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shillllihs
6,088 posts
msg #133960
- Ignore shillllihs |
1/30/2017 11:25:06 AM
Don't waist your time going long dust, not sure about that trade.
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shillllihs
6,088 posts
msg #133961
- Ignore shillllihs |
1/30/2017 11:29:14 AM
However, yay to TVIX.
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shillllihs
6,088 posts
msg #133962
- Ignore shillllihs |
1/30/2017 11:57:30 AM
If Xiv decides this is the time, can drop to 45-46.
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pthomas215
1,251 posts
msg #133963
- Ignore pthomas215 |
1/30/2017 12:16:37 PM
i think trump controversy is just starting. markets like consistency, flow, expectations meeting expectations...trump prides himself on doing the opposite. volatility will increase further..I hope. I think XIV will be at least a buy at $55 as opposed to where it is now. we havent really had a January effect until now.
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Kevin_in_GA
4,599 posts
msg #133967
- Ignore Kevin_in_GA |
1/30/2017 1:37:02 PM
Well, I go solely by the contango levels for trading these volatility ETFs. Currently VIX contango is 10.42% right now, so unless it drops to 5% or below I will stay in, and add to my position on pullbacks like we are having this morning. The drop today may be the start of something larger, or it might be a simple knee jerk reaction to Trump's weekend antics. I've been in this trade since 11/22 so unless it drops to below my cost basis I'm okay with my strategy. I see this as a buying opportunity, but with increased caution and watchfulness for exactly the reasons you listed.
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kibo
14 posts
msg #133969
- Ignore kibo |
1/30/2017 3:06:07 PM
I think Kevin did a good job again. This market is systematic not emotional. I see still money pours into stocks and shorting VIX. But we are kind of on edge, one trump tweet can disrupt everything.
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shillllihs
6,088 posts
msg #133981
- Ignore shillllihs |
1/31/2017 10:07:34 AM
The currently humble Shills,(which may change and usually will at any moment) believes this is the pullback. It will not be as dramatic as I once expected, since we are in a bull market, but Xiv may be 46 by next Monday.
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shillllihs
6,088 posts
msg #133983
- Ignore shillllihs
modified |
1/31/2017 10:48:40 AM
The short has been in play for 2 days now. Treacherous images of a Pompei inferno are beginning to seep into the minds of the masses
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kibo
14 posts
msg #133986
- Ignore kibo |
1/31/2017 11:20:58 AM
Fundamentally I don't see any reason for major pull back. In either case, rates dropped again and that is again good for stocks. If they go up, again that's good for stocks unless it goes up dramatically which I highly doubt it would. The only case for that if china starts dumping treasuries in faster pace. Feds won't do anything. So I guess Kevin's trade is good.
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