Hated? Buying TVIX
Many say this has been a "hated" bull market; that retail investors have not participated.
That's untrue.
Stocks and sentiment have gone far higher than we'd expected, however the end of this epic rally is near and its extremity has only provided us the opportunity for more extreme gains on the down side.
To our cornucopia of short positions, we're adding TVIX once it trades back above $14.05
If triggered, we'll sell out should it fall to below $11.
TVIX is basically same as VXX but with greater leverage.
Know what you're doing, especially with levered instruments! Always use stops, and if in doubt stay out.
If there is a stock rally due to tomorrow's U.S. Federal Reserve rate decision, expect it to be short-lived. Hours, or days at most.
It's a good time to revisit these recent posts:
Tesla Update (we'll likely add to our Tesla short should it rise another $20 or so).
If You Want Rate Cuts...
The Worst Risk-Reward Setup Ever?
It's not different this time.
That's untrue.
Stocks and sentiment have gone far higher than we'd expected, however the end of this epic rally is near and its extremity has only provided us the opportunity for more extreme gains on the down side.
To our cornucopia of short positions, we're adding TVIX once it trades back above $14.05
If triggered, we'll sell out should it fall to below $11.
TVIX is basically same as VXX but with greater leverage.
Know what you're doing, especially with levered instruments! Always use stops, and if in doubt stay out.
If there is a stock rally due to tomorrow's U.S. Federal Reserve rate decision, expect it to be short-lived. Hours, or days at most.
It's a good time to revisit these recent posts:
Tesla Update (we'll likely add to our Tesla short should it rise another $20 or so).
If You Want Rate Cuts...
The Worst Risk-Reward Setup Ever?
It's not different this time.
posted by C. Guinness @ 3:33 PM
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