StockFetcher Forums · Filter Exchange · MY XIV TRADING SYSTEM USING STRATASEARCH FILTERS<< 1 ... 31 32 33 34 35 ... 40 >>Post Follow-up
emwalker
35 posts
msg #141423
Ignore emwalker
modified
1/26/2018 3:46:06 PM

Has anyone noticed that the market has been crushing it, while XIV is doing nothing? I keep looking at SPXL, and debating if that's where the trade should be, not XIV. Over the last month, SPXL is up 22% while XIV is up 1%.

Cheese
604 posts
msg #141427
Ignore Cheese
modified
1/26/2018 8:16:36 PM

A few people commented on Twitter about the disconnect between XIV and SPY (or UPRO),
as well as between XIV and SVXY. In the past few days, SVXY was priced more fairly,
while Credit Suisse allowed XIV to trade at over 2% premium.
Earlier this morning Jan 26, 2018 some scalpers pushed that premium to over 4.4%.
That premium then came off subsequently.

Apparently, there were also some tax considerations as well,

Also, some people bought protection for over the weekend as stock prices increased.

Looking at XIV charts and filters by davesaint86 and MacTheRiverRat, it would appear that
XIV is now resting on support of lower bollinger band(18,2).and Guppy investors group mMAs.

What do I know. LOL,

pthomas215
1,251 posts
msg #141428
Ignore pthomas215
1/26/2018 9:30:39 PM

Well, I think XIV has a total of 75% correlation with the S&P really, due to contango and backwardation issues. I use SSO, although i didnt reap the benefits today unfortunately. If you remember when Kevin went long on XIV the last time he ate 10 bucks or so initially and then it went on a run. I would think waiting until the price rests on the MA50 would be a buy signal.

Cheese
604 posts
msg #141429
Ignore Cheese
1/26/2018 9:49:05 PM

okay, thanks pthomas215

pthomas215
1,251 posts
msg #141430
Ignore pthomas215
1/26/2018 10:14:50 PM

youre welcome.

Cheese
604 posts
msg #141438
Ignore Cheese
modified
1/27/2018 12:09:22 PM

In case anyone is interested

According to a XIV discussion thread on Twitter explaining the drop in XIV premium:
Credit Suisse created 2.5 million XIV notes on Friday Jan 26, a 25% increase over Thursday.

After Friday close, the number of XIV notes is now back down to the level of Dec 27, 2017,
which may alleviate the pressure of premium coming off.


Mactheriverrat
2,220 posts
msg #141439
Ignore Mactheriverrat
1/27/2018 1:23:10 PM

@chesse Been studying the slower cma(DMA(8,-5),8) average rather than the faster dma(8,-5),8) average



tennisplayer2
210 posts
msg #141440
Ignore tennisplayer2
1/27/2018 5:31:55 PM

Signals for 1/26/2018


Buy #13
Sell #30

Have a blessed weekend and good trading to all.

Cheese
604 posts
msg #141442
Ignore Cheese
1/27/2018 6:14:27 PM

Thank you, MacTRR and tennisplayer2 !

emwalker
35 posts
msg #141486
Ignore emwalker
modified
1/29/2018 1:13:28 PM

something for new traders who stumble upon this thread to think about...

When considering if you want to follow this strategy or not, you should think about wash sales and your taxes. If you sell XIV for a loss, then buy it back again within 30 days (and you will if you're following this strategy), then you can't claim those losses on your taxes. So if you follow this strategy, you wont be able to claim any of the losses since you are constantly buying it, selling it, and buying again (within 30 days). In other words, you will pay taxes on every single gain, and you won't be able to reduce your total tax burden by claiming your losses. Someone correct me if I'm wrong.

StockFetcher Forums · Filter Exchange · MY XIV TRADING SYSTEM USING STRATASEARCH FILTERS<< 1 ... 31 32 33 34 35 ... 40 >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2018 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus