Trading Alert: Volatility Hits a New Low
Submitted by Stockmaster3 on Fri, 08/03/2012 - 17:58
Heads up Masters, the iPath S&P 500 VIX Short Term Futures (VXX) hit a new 52-week low today. The VXX got down to $12.41 today, fear has calmed.
We've said it a million times and played this card on the VXX when it falls to a new bottom. Stocks could head up for a few trading sessions so the VXX could creep even lower. However before we all think everything is perfect a small position in the VXX may prove to be a worthwhile trade.
The VIX or 'Fear Index' is down 7% today and its taking the VXX along with it. Let's hope for all of our 401K's and IRA's the trend is less volatility for a few weeks. If we could only be so lucky.
VXX CHARTS
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8/6/12 - New 52-week Low for the VXX
Submitted by Stockmaster3 on Mon, 08/06/2012 - 16:18.Hit $11.87 a share today. 52 week range: $11.87 - $59.15
Not Necessarily So
Submitted by Anonymous on Fri, 08/03/2012 - 21:25.I always wonder why market commentators make statements about our "IRA's and 401-K's" and correlate how we should be either elated or depressed based on daily moves in the stock market.Is it just possible that the owners of IRA's and 401-K's have their money invested in something other than 100% in the stock market? Have you ever heard of bonds, money market funds, commodity funds, and the other options that just might be available to them?