January 4, 2018 - Finom Group

Don’t buy UVXY, even when the VIX is low

Weekly ArticlesBy David Moadel January 4, 2018

The temptation to buy UVXY/TVIX/VXX/VIXY/etc. when the VIX is low can be pretty strong at times. As I write this, it’s the third consecutive bright green day for the S&P 500; yesterday the VIX closed barely above 9. Surely that was an ideal time to buy UVXY, right? Wrong. As we can see in the…

Retailers Report Strong Holiday Same-Store-Sales, ADP In Focus

Weekly ArticlesBy Seth Golden January 4, 2018

With the S&P 500 clearing the 2,700 level and the Nasdaq clearing the 7,000 level there is but one more milestone to have been achieved. That milestone achievement will come from the Dow Industrials clearing or touching the 25,000 level. Ahead of this likely accomplishment we expect to see some key components of economic data…