gmg733
788 posts
msg #130905
- Ignore gmg733 |
9/6/2016 3:04:59 PM
Negative drag Kevin on VXX. It is not your friend. :)
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Kevin_in_GA
4,599 posts
msg #130906
- Ignore Kevin_in_GA |
9/6/2016 3:26:31 PM
Keeping an eye on MEOH. Will look for a higher entry point ($33 or higher) before taking any short position.
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johnpaulca
12,036 posts
msg #130907
- Ignore johnpaulca |
9/6/2016 3:54:53 PM
VXX($34)...buy signal normally occurs in premarket, prices will go a littler lower before close...glty
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johnpaulca
12,036 posts
msg #130914
- Ignore johnpaulca |
9/6/2016 4:56:04 PM
correlation for VXX:
SPY = -0.86
XIV = -0.99
SVXY = -1.00
TVIX = +0.99
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johnpaulca
12,036 posts
msg #130916
- Ignore johnpaulca |
9/6/2016 5:30:22 PM
XIV($38.18)...has more room to run(looks scary). Buy signal triggered Friday. Spy will probably gap up tomorrow and TVIX will be punished yet again.
RGLD($82.49) booya buy....will exit at open Wednesday to avoid the retracement.
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Mactheriverrat
3,172 posts
msg #130918
- Ignore Mactheriverrat |
9/6/2016 8:58:46 PM
Good Catch!!!!
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johnpaulca
12,036 posts
msg #130925
- Ignore johnpaulca |
9/7/2016 10:33:17 AM
Thanks Mac!!
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johnpaulca
12,036 posts
msg #130927
- Ignore johnpaulca |
9/7/2016 10:40:50 AM
XIV($40.30)....will take this off the table, a little too overbought for me....will likely move higher.
RGLD....closed at open....this have more upside, will re-enter
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Kevin_in_GA
4,599 posts
msg #130928
- Ignore Kevin_in_GA |
9/7/2016 11:58:39 AM
Good call on XIV - not sure why it went up when the VIX went up both today and yesterday, but at least someone caught the move and profited.
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johnpaulca
12,036 posts
msg #130929
- Ignore johnpaulca |
9/7/2016 12:20:16 PM
Thanks!!!
TVIX($18.86)....intraday oversold, should bounce and attract sellers since it's beginning of a daily sell cycle.
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