Trading Alert: Volatility Hits a New Low
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.
Best of the Blogs
Scanning and identifying the best blog entries every hour
- RNC Chair Priebus Slams State's Failure As "Obama Cover-Up To Protect Hillary" | ZeroHedge
- Podesta Email Reveals That Facebook COO "Wants Hillary To Win Badly" | ZeroHedge
- Michael Moore: "Trump's Election Will Be The Biggest Fuck You Ever Recorded In Human History" | ZeroHedge
- Ep. 190: Jon Macks – The Gut Decision That Lasts A Lifetime | Altucher Confidential
- America After Election 2016: The Gullible & The Shattered | ZeroHedge
- Leaked Memo Exposes The Ties Between Clinton Foundation Donors And Bill's "For-Profit" Activities | ZeroHedge
- Bullion Banks "pass the parcel" on El Salvador’s Gold Reserves | ZeroHedge
The most relevant financial news and articles from the Internets
- This new startup let me design my own $1,000 luxury handbag from scratch | Business Insider
- It’s official: Chipotle’s desperate attempt to save itself failed (CMG) | Business Insider
- Microsoft just showed off a smartphone app that lets you scan any object in 3D | Business Insider
- The first important test in the drug-price hike... | Business Insider
- Wall Street's trading desks need a new fitness routine — and it's about more than just... | Business Insider
- Experts explain why the presidential election would... | Business Insider
- Here's what's driven changes in cocaine prices on US streets since the 1980s | Business Insider