Daily Archives: March 1, 2018

David Lincoln Discusses Proshares UVXY/SVXY Dilemma

From David Lincoln’s Blog; On February 27th, Proshares announced that the leverage of its SVXY inverse volatility fund would be reduced from -1X to -.05X and that the leverage of UVXY would be reduced from 2x to 1.5x. Although not easily quantifiable, it was undeniable that this would cause a reduction in options premium. If…

PCE Data Due Ahead of Fed Chair Powell’s 2nd Day of Testimony

It was a turbulent time for equities and the S&P 500, which lost nearly 4% during the month of February. Rounding out the month yesterday, the S&P 500 finished lower by roughly 1.1% and with all three major indexes finished lower on the day.   The Dow was the biggest loser, closing down by 1.50 percent.…