Richly Valued Markets Deserve Risk Management

There is nothing wrong with unbridled enthusiasm when it’s correlated to the appropriate level of rationale. That’s the premise of the equity markets it would seem over the last several months and as equity prices have elevated into, what some may describe as, bubble territory. No argument can be made suggesting that the rapidity for…...

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SVXY: The Good, the Bad, and the Volatile

For volatility ETP (exchange-traded product) traders, there are a range of products from which to choose.  Some are relatively illiquid (an example would be VMAX), while others have sufficient daily volume to appeal to active traders such as myself.  For traders who aren’t particularly interested in dealing with the sometimes massive volatility of leveraged ETP’s…...

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