Tvix looking strong after a long time. Tvix Percentage vs index has increased after a long time!! Volatility in coming days to be more for sure. I am all in here.
This market runs on tweets and news cycle. So dont be fooled by Historic Oct. lows and go Long on TVIX! Remember the Chinese are back to the negotiating table next week, enough reason for the markets to recover all its loses of this week! And then you have Trump of course who’ll never let the markets fall!
This note’s divergence keeps getting larger and larger from the Vix. I understand the value comes from combination of Vix and .spx. Others have posted how the issuer keeps selling more notes at a premium to short sellers. Is this the reason for the larger divergence? Vix at around 20 while this note is at around 15. A few weeks ago, it was much closer divergence. Any wonder this as nose dived to the teens from the hundreds.
Futures seem even, but wait for the service sector number at 10 am, anything above 50 could determine the direction of trade today! TVIX could take a breather!
Panic has not set in yet...hedge funds not yet ready to”shit the bed”...wait and see tactic does not work...10 and a half year bull market may be heading stage left...once quarterly returns begin to disintegrate...primal instinct will indeed take over...just the beginning of an ugly cycle which will affect the top 1% to the 99%...
The end