In light of declining volatility – the VIX index and its term structure started to normalize Wednesday – where could this market head and what type of hedges are of the best value with option premium still at elevated levels? To recognize the probability paths is to understand the market oddities involved in the Volatility…...
If you’re not enjoying the market’s roller coaster ride in February, you’re likely not alone with that sentiment. Yesterday proved to be another wild day for the markets with the Fed minutes coming forward at 2:00, spurring equity prices in both directions. In the Fed minutes from January 2017, there was much to be extrapolated.…
Equity Futures in the U.S. are once again lower after recapturing nearly 5% of its rapid 10% correction. Asian markets finished sharply higher overnight, but European equities are not following suit as the DAX, FTSE and CAC are all lower this morning. And this, for U.S. investors, comes ahead of the all-important Fed minutes to…
Wal-Mart surprised the market with an earnings miss, as adjusted per-share earnings came in at $1.33, below the $1.37 consensus of analysts polled by FactSet. The miss overshadowed a revenue beat. Wal-Mart reported strong holiday sales Tuesday, but said online sales growth slowed during the quarter. The retail giant reported same-store-sales (SSS) rose 2.6% in the…
After an outside reversal trading day last Friday that found the Nasdaq going from up 1% to negative .23% and the Dow and S&P 500 basically flat for the day, index futures are in the red and following the lead of Asian markets. Friday’s late day reversal came on the announcement from the Robert Mueller…...
After an outside reversal trading day last Friday that found the Nasdaq going from up 1% to negative .23% and the Dow and S&P 500 basically flat for the day, index futures are in the red and following the lead of Asian markets. Friday’s late day reversal came on the announcement from the Robert Mueller…
They’ve been at it for nearly two-full weeks now, the MEDIA MAVENS! The demonization of the VIX, Volatility complex and those who trade it seems never-ending, but in time… in time it will end. Jim Cramer of CNBC, Thestreet.com and Action Alerts continues to purport the greatest and most sensationalistic characterization of those who short…
How Does SVXY Work? February 9, 2018 Vance Harwood Just about anyone who’s looked at a multi-year chart for a long volatility fund like Barclays’ VXX has thought about taking the other side of the trade. ProShares’ SVXY is an Exchange Traded Fund (ETF) that allows you bet against funds like VXX while avoiding…
After a 253-point jump on the Dow Jones Industrial Average in yesterday’s trade, Dow Futures are pointing to another 250-point jump at the open. The major averages have and continue to build on the momentum from last week’s rebound even as some of the latest economic data has come in worse than expected. Retail sales…
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