Enter the Dragon - Bruce Lee (Before Kicking)

Maybe we won't get kicked in the face?  Let's hope so, but don't let your guard down.

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.


Volatility Wins Again

Volatility - Large Pic

The VXX is up 2.5% thanks to stocks falling off the cliff.

 


Always a risky bet but after the iPath S&P 500 VIX Short Term Futures (VXX) hits 52-week lows it due for a bounce.  Such is the case this week after the VXX got down to $12.70 last Friday.  Today the VXX is at $13.61 and fear enters back into the market.


Graffiti spray can

July is here and we welcome some great moves in Apple, 3D Systems and more.

July had a break on the 4th for trading.  We review Thurs and Friday which included some stellar 52-week highs, Jerry Seinfeld, a bottom in volatility, and the big jobs report.

 

Once again cue the VXX

Psycho - Shower Scene

Fellow Masters we've been through this before, volatility is a new low once again.  Lather, Rinse, then repeat.

Its that time yet again -- the iPath S&P 500 VIX Short Term Futures TM ETN (VXX) just hit a fresh new 52-week low.  You know the drill, its time to buy some VXX as a protection should fear and panic enter into the market (again). 


Extremely Bullish Pattern (VXX)

vxx30minjune242012.png

Due to the large decline on Thursday, June 21st in the markets, volatility is likely to spike.  Watch for the VXX breakout! 

Whereas there was excessive fear surrounding the Greek elections, now complacency is much too high with a shaky market.  A spike in volatility, or the VIX, can result when compl

Psycho - Shower Scene

Its as easy as lather, rinse, repeat.  The VXX is almost at its 12 month low...again.

Its almost that time again fellow Masters, we've done this trade countless times -- Buy the iPath S&P 500 VIX Short Term Futures TM ETN (VXX) when it hits a 12 month low.  Only 3.8% more and we execute this trade again.

 

Volatility is Winning (VXX)

Walter Yelling - Big Lebowski

Just like Walter flying off the handle, volatility is the best bet in town.

Erase those gains from yesterday and then some, stocks are down again on Friday.  The iPath S&P 500 VIX Short-Term Futures ETN (VXX) is up 3.5% and at $18.96 a share.  We speculated back (Cut and Paste the VXX action) when it hit a 12 month low a few weeks back this was the trend to buy.


Cut and Paste the VXX Action

Cut & Paste - CTRL C CTRL V

Last week the VXX hit a bottom then bounced 6% the next day, today same results.

Holy cut and paste Batman, here we go again with the iPath S&P 500 VIX Short-Term Futures ETN (VXX) bounces yet again.  Fellow Masters this happened last week and it rebounded 6% the next

The VXX Falls Again

Volatility - Large Pic

Another 12 month low today for the VXX.  Last time it did this it bounced back 7% the next day.

The iPath S&P 500 VIX Short-Term Futures ETN (VXX) hit $15.92 today as the bulls lead the market to a great Monday start.  However its important to note that this happened last week and the VXX bounced back 7% the next day.


 

Volatility is all but Dead

Volatility - Large Pic

Food for thought, the VXX hit a new 52-week low today and its never been this low.

The bulls are very much in control of the market, it shows at the iPath S&P 500 VIX Short-Term Futures ETN (VXX) got down to $18.34 today.  Mastery has recommended the VXX in the past but never as a long term trade, its only meant to capture when the markets panic.  There's no sign of panic these days, but is that a good thing?