All things STOCKS

#19,276
#19,276

UVXY = It's more gambling than "investing". I just can't see any true reason for things to bounce back today. As Thunder states, best case scenario is neutral. ​

​

UVXY: A Double-Edged Sword for Volatility Hedging During VIX Mean Reversion​

UVXY, the ProShares Ultra VIX Short-Term Futures ETF, is a leveraged exchange-traded fund designed to provide exposure to volatility in the U.S. stock market. It tracks the performance of futures contracts on the CBOE Volatility Index (VIX), which reflects market expectations of near-term volatility. UVXY seeks daily investment results that correspond to 1.5x the daily performance of the S&P 500 VIX Short-Term Futures Index. Traders often use UVXY during periods of market turbulence, aiming to capitalize on rapid moves in volatility. However, UVXY is not suitable for long-term investing due to its tendency to lose value over time in normal market conditions. This degradation results from the effects of daily rebalancing and futures contract contango. UVXY is primarily a short-term trading vehicle due to its tendency to lose value over time in normal market conditions.
 
#19,277
#19,277
Interesting things still happening in BTC and I think issues there are leading equities. Someone got liquidated around 2:30 AM last night and then there were a couple other flushes after that before bouncing hard starting at about 7:30 AM this morning.

The low from April is just about 11% away...wonder if it makes it down there before this drawdown is over.
 
#19,278
#19,278
05_never_again said:
Interesting things still happening in BTC and I think issues there are leading equities. Someone got liquidated around 2:30 AM last night and then there were a couple other flushes after that before bouncing hard starting at about 7:30 AM this morning.

The low from April is just about 11% away...wonder if it makes it down there before this drawdown is over.
Click to expand...
Unfortunately, I think it does. We are due.


The good news...I'm usually wrong. :)
 
#19,290
#19,290
DinkinFlicka said:
The fact that our market relies so heavily on a rate cut is scaring me a little. I'm trimming my portfolio to hold more cash.
Click to expand...

When and how much lower rates are is one of the unknowns and lower mortgage rates and borrowing costs could stimulate the lagging housing industry. Plus every drop makes the government’s debt more manageable.

Tariff increases and inflation bumps are less likely. Longer term AI will help bottom lines. Unemployment isn’t a big deal unless baristas going on strike is going to cripple the economy. It’s a good time for young people to learn a trade instead of pursuing social studies degrees.

The big 3 - inflation, unemployment, and interest rates - are far from catastrophic levels. Strong corporate profits would help generate tax revenue, but full employment helps more. And lagging corporate profits wouldn’t be too disruptive if it’s due to CapEx expenditures instead of weak revenue.
 
  • Like
Reactions: Jax_Vol
#19,292
#19,292
Jax_Vol said:
Truly, truly shocked today went that well.

Thought it was a morning head-fake followed by a tumble.


Weelp, go USA!!
Click to expand...

Head fake 2 days in a row? My dad said bull and bear traps rarely go consecutively. And he's about as old as you probably are 🤣

Today was either going to be how it went or a free fall. I genuinely feel the latter is a possibility sometime soon.
 
  • Like
Reactions: Jax_Vol
#19,295
#19,295
Jax_Vol said:

UVXY = It's more gambling than "investing". I just can't see any true reason for things to bounce back today. As Thunder states, best case scenario is neutral. ​

​

UVXY: A Double-Edged Sword for Volatility Hedging During VIX Mean Reversion​

UVXY, the ProShares Ultra VIX Short-Term Futures ETF, is a leveraged exchange-traded fund designed to provide exposure to volatility in the U.S. stock market. It tracks the performance of futures contracts on the CBOE Volatility Index (VIX), which reflects market expectations of near-term volatility. UVXY seeks daily investment results that correspond to 1.5x the daily performance of the S&P 500 VIX Short-Term Futures Index. Traders often use UVXY during periods of market turbulence, aiming to capitalize on rapid moves in volatility. However, UVXY is not suitable for long-term investing due to its tendency to lose value over time in normal market conditions. This degradation results from the effects of daily rebalancing and futures contract contango. UVXY is primarily a short-term trading vehicle due to its tendency to lose value over time in normal market conditions.
Click to expand...


Before I realized they did a 1 to 5, I woke up, saw its price, and assumed the world was ending 🤣
 
  • Like
Reactions: Jax_Vol
New posts
You must log in or register to reply here.
Advertisement





Back
Top