Case of the Monday's: What to Trade
Sunday night and stocks in Asia are falling thanks to the EU uncertainty. That means a return of volatility could become the norm next week. Thus cue the ProShares UltraShort FTSE China 25 ETF (FXP) and he iPath S&P 500 VIX Short Term Futures TM ETN (VXX).
Getting ready to start the week and after reading this crap, its going to set the stage for the week. Asian stocks are taking it on the chin on a concern that talks to resolve Europe’s debt crisis are deadlocked, curbing the earnings outlook for exporters. Back here at home we are concerned about Next Year Stocks Could Tank (or Sooner). A downgrade by Moody's before we hit the 'Fiscal Cliff' could kill stocks to the point of extinction.
Now that the VXX is trading at its bottom its time to think about adding some as a hedge for the coming week's destructive headlines. Throw on a little FXP and you got yourself a party for a bearish trend.
Trades for the EU Mess
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Quiet Economic Calendar Means All Attention Focused On Ukraine And Gaza | ZeroHedge
- STTG Market Recap July 21, 2014 | FundMyMutualFund
- Russia Touts South Stream Pipeline As Europe’s Gas Lifeline | ZeroHedge
- How RenTec Made More Than $34 Billion In Profits Since 1998: "Fictional Derivatives" | ZeroHedge
- White House 'Quietly' Exempts 4.5 Million People In 5 "Territories" From Obamacare | ZeroHedge
- MH17 Will Usher In A Completely New Kind Of War - One The US Cannot Win | ZeroHedge
- Is the Market Due for Another 10% Correction? | Financial Sense
The most relevant financial news and articles from the Internets
- What Doctors Can Tell About Your Health Just By Looking At Your Nails | Business Insider
- 10 Things You Need To Know Before The Opening Bell (DIA, SPY, SPX, QQQ, NFLX, AAPL, MCD, CMG... | Business Insider
- Which Is America's Best City? | BusinessWeek
- Nintendo Should Scrap the Wii U | TheStreet.com
- Chipotle Beats On Earnings And The Stock Is Surging (CMG) | Business Insider
- The 10 Best Ice Cream Shops In The US, According To Pinterest Users | Business Insider
- Three Reasons Chipotle's Business Is On Fire | Business Insider