BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU

RE:RE:RE:RE:RE:RE:This Widowmaker Connn Tango!

[threewords]

Welcome to Hell.V.U.,   Murraylaplante,  hope you're doing well so far, wishing you all the best with this one, been here over five years, this one a new account, speaking of new accounts, I've blown up two accounts already trading H.V.U. 
Here is a list of things you must have in order to do make it here; 2 calculators, 3 computers, preferably 27 inch or larger monitors, high speed internet, plus a secondary internet connection like a smart phone etc, don't want to be trying to close out a trade and the internet is down, a sharp brain and a really good sense of humor, so you don't kill anyone or yourself on days when you're you know, not doing so well.......................................
Anyways don't try to figure out where its going best to day trade it, sometimes market is up hvu is up, sometimes market is down, hvu is still down, dont follow all that, its good to know but the money is in finding the trend, I really wish you all the best and welcome again to hell.

[Murraylaplante]

Well,thanks for the welcome:) I was kinda hoping like most forumns to get a little more educated advice about trading this Stock... I treat the stocks like playing at the Casino,try and help with good advice so everyone can make Money. Your making it sound like I have to buy & sell this stock up and down thru the day???? I have the ability to watch it thru the Day,should have sold last week

[threewords]

Well your trading strategy will be up to you, whatever you're comfortable with.Regarding educating you on this etf, it's not a stock, since it's inception back in 2012, it has lost more than 99.99% of its value through decay, it's been through 5 consolidations, the last one being 10:1, the pair trade of hvu/hvi is uvxy/svxy, also hvi tops are good indicators of entry points for hvu

[MayorRobFord]

Great post 3 words. Hell VU... Good one. I went deep into my line of credit to bail me out one time on a big average down and luckily came out with a profit, that I swear was my last trade and I kept it. I know others not so lucky. 

[TheCapitalistBear]

A Forbes analyst wrote: If the S&P is down -0.18%, 1 hour after open, on the 3rd Sunday after a Friday the 13th, where it rains between 0.2" and 0.3" during sun-up and Jim's dog poops twice before noon; 53% of the time S&P closes the week higher. But only on a leap year, 5 days after a solar eclipse.

[Midgetwhacker]

DUDE the ViX really is disconnected from the s and p it is options. On a full moon the werewolves come out too. At midnight the vampires. Most  S and P options EXPIRED on friday. Obviously on a bull run. Options will explode soon. Even started to even on friday. What do you think will happen. I dont see the VIX at a buck next week. Give your head a shake.

[TheCapitalistBear]

Sorry for mowin your grass by trolling (the Forbes bit was a joke :p). Was just trying to lighten the mood in the triage bullboard of the StockHouse these past few weeks. For the record I am currently long HVU (which is short S&P). My avg price is $32. Not making market predictions, just explaining mechanics recently! Hopefully the girl guides deliver some cookies under your bridge to cheer

[Midgetwhacker]

my aps is a ways lower but regardless your not mowing anyones grass. I dont think being long is a good thing, but short - mid maybe. Who knows but it is very scary for new people that dont know the curves. If they are new, they need to stay out. If they know the markets imo 26 ish 27ish is a good price. Depending on perception of risk. IMO im 2k in at 27.22

[TheCapitalistBear]

I agree with this. Which is why I was recommending he not trade this until he understood how it worked. And def don't trade it with money you can't afford to lose. No harm done. And 27.22 sounds like quite a good buy but time will tell! Best of luck.

[Murraylaplante]

Well getting a better feel for whats going on,you can almost feel someone holding down the HVU stock price even when everything in reality and news should be making it go up...ie.Bull Run? People pushing up Commodities on speculation not facts? You talk about Options Running out friday,now new options have to be bought at higher Rates? Options should explode soon,causing HVU to increase in value

[Sad2BUHoov]

This post has been removed in accordance with Community Policy

[TheCapitalistBear]

Contango currently at 7.47%. That is, next month contract costs 7.47% more than current month. Horizons rolls over 4.16% of HVU per day which equates to a 0.31% HVU loss per day due to contango (next month premium) at these rates. In 10 trading days, that's 3.1% loss, from contango alone. Or 6.2% in 20 days, you get the idea. Contango is a killer on these things until a reversal occurs. Always

[Murraylaplante]

HVU will be going down more rapidly next month? Still does not equate to the ^% daily losses for the last 7 days????? this thing ever going to see $30 again???

[MayorRobFord]

I doubt anyone knows what will happen in the near future. I can drop more or rise. A gamble. Sometimes better to cut the loss and move on. THere is a chance you can average down and come out with a profit or reduced loss. 

[TheCapitalistBear]

Contango affects HVU price NOW, because HVU moves 4.16% of it's holdings into next month's futures every single trading day. So 4.16% of the fund, experiences a 7.47% loss every single trading day (net 0.31% of total HVU share price, contango constantly fluctuates). The reason HVU is falling today is because VIX is down -4.23% (big divergence from S&P today). HVU should be down about

[Midgetwhacker]

Great advice. For the guys that think this is a stock and should move like a stock. This is not for you. Dont buy a panic etf if you panic when you see the price drop.  But having said that everyone has a comfort zone. I was able to pick a few more up today, but probally should have waited closer to the easter break. Keep in mind the quarter ends soon, and since things dont magically

[TheCapitalistBear]

Great points Midget, and that's the crux of HVU (which is essentially a short on the S&P). I tried staying away from predicting the future and stick to mechanics for Murray, but here's a bit of what I see. I hold HVU because long term I see an S&P chart that exactly replicates the chart of 07 into 08. Exactly. I also see a current S&P chart that is rolling over with lower

[MayorRobFord]

If you hate how the Vix  futures lag the spot Vix and want to see bigger moves in strong market moves on a more level playing field  like me (I always say trading HVU is an uphill battle), then try SPY or DIA (sp500 and Dow Jones) or VXX etf's options in the US market. I once got a 50% gain in a single day on a 1.5% move in the S&P. Only for very short term and strong moves, and

[AAA4]

Keeping a close eye on HVU this week March 21-25th. Lots of decay today, wonder if its time to get in.

[DSurfer]

I was wondering that too. So bought some thim pm at $24.70 Will wait a few bucks lower to add some more. Looks like this one has no bottom and markets are shooting straight up.

[Midgetwhacker]

Great post again.  After today and the total lack of concept that the s and p showed at mid day i know that im in the right one. While the cantago today was extremely relevant it could correct itself in the coming days weeks. There is an amazing disconnect with reality. The reality is that without devaluation of the us dollar no one can afford the product but the strange bull economy is

[Murraylaplante]

Hang on to HVU? You also think things are turning for the better?

[Midgetwhacker]

I have no idea honestly.  I have a great aps, dont like the after market drop in nike if i was an investor, and i should have shorted. Certainly dont like the reliance on oil and the feds lack of cahonas in increasing interest rates as forcasted. Smells funny coming into an election year. For me. IMHO. I wouldnt buy the bigs in the s and p right now. especially on a bull tear due to low

[Murraylaplante]

Well we hit the leader board on the 52 week lows today The asian market seems to be startting to swing back ourway last couple nights,just hope we get some more bad news from the OPEC meetting!!! Oil storage was up also just hoping for more negative there to get HVU kickstarted back up.... Iam hoping things are turning near the end of the quarter Positive thoughts for all....!!!!!!

[TheCapitalistBear]

Good stuff MW. And you pinned the tail on the donkey touching on interest rates. Throw traditional economics out the window, the biggest price determining factor is The Fed. It's Fed-enomics! And they only thing we're being "Fed" is a dangled carrot. She's keeps using words but not actions, like she's trying to tell her pet lion she's going to feed it, without