guess no time to check my plan now. usually the Friday close is strong and keep going up in AH. Let's see if this has been changed or not.
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Why does XIV increase so much? Does it mean something?
Thanks
no idea. I never figured out VIX and its futures relationships, so I assume they're totally different things. and VIX doesn't work nowadays anyway.
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2 small legged pullback already but not much damage, so I think it's still possible we see a rebound to close.
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tvix and s&P going same direction again-down past low of day. It is doing what it was built to do, F everyone.
Flip that coin.
Legal note:Don't believe anything I say above. You may lose yourA$$..
My chart has Daily Elders (Close, High, and Low), MA-2, CCI, and ATR for each stock; all color coded.
I am seeing a BEARISH DOWNSIDE TASUKI GAP on OIH, XLE, DIG, and other energy-related assets.
So I am dumping the rest of my energy holdings at the close.
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
Why does XIV increase so much? Does it mean something?
Thanks
no idea. I never figured out VIX and its futures relationships, so I assume they're totally different things. and VIX doesn't work nowadays anyway.
VIX products may be getting dumped because of the issues surrounding TVIX, people are getting nervous in holding too much risk, so they could be dumping. If we continue to have small moves in the mkt (10-15 spx pts) then volatility is not there, and these products may continue to go down. The best trades this year were probably shorting VIX products. I personally will be staying away until June/July and then assess at that time whether the instruments have any merit...
AAPL might be a Descending Triangle here, so not good. Just a reminder, if you like my intraday comments, please "vote" and "follow" me here, thanks: http://stockcharts.com/public/1684859/tenpp
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strong rebound to close Friday as I said. guess that's it for today, bears still have some hopes the next week. thank you guys I'll see you the next Monday.
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Why does XIV increase so much? Does it mean something?
Thanks
no idea. I never figured out VIX and its futures relationships, so I assume they're totally different things. and VIX doesn't work nowadays anyway.
VIX products may be getting dumped because of the issues surrounding TVIX, people are getting nervous in holding too much risk, so they could be dumping. If we continue to have small moves in the mkt (10-15 spx pts) then volatility is not there, and these products may continue to go down. The best trades this year were probably shorting VIX products. I personally will be staying away until June/July and then assess at that time whether the instruments have any merit...
the problem is most likely your broker won't allow you to short TVIX as it's almost free money. I did try but no luck, it's not allowed.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
Why does XIV increase so much? Does it mean something?
Thanks
no idea. I never figured out VIX and its futures relationships, so I assume they're totally different things. and VIX doesn't work nowadays anyway.
VIX products may be getting dumped because of the issues surrounding TVIX, people are getting nervous in holding too much risk, so they could be dumping. If we continue to have small moves in the mkt (10-15 spx pts) then volatility is not there, and these products may continue to go down. The best trades this year were probably shorting VIX products. I personally will be staying away until June/July and then assess at that time whether the instruments have any merit...
Hi TraderGirl,
Thanks a lot for you sharing your thought on VIX products. It makes sense to me.
I used to think maybe people expect no big drop or large up and down in the coming days, so they dump vix. It quite lines up with what you say.
Many thanks.