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

OPEN

[Gold1975]

Should open around $8 or just under and slide down to low $7's by eod

[VIXUPUP]

Nope sorry, not going to be a 5th day up on US markets and all-time highs Monday. It’s 52 week low on VIX wake up. Same thing happened with oil. 52 week high then correction down. More like correction coming soon. I see 9-10 on Monday and 10-11 this week. Brexit second referendum got rejected over weekend and earnings coming up including some very bad banking and energy financials this week. I see

[Gold1975]

Don't be too confident from that last statement. There is always a downside..

[VIXUPUP]

Fine. So it opens at 8ish and then we still see 10 and 11 range this week or next week sort of thing. My point is that the 52 week lows are not the norm. I also think oil will have further downturn into September.

[TradeMachinist]

This post has been removed in accordance with Community Policy

[Gold1975]

Completely agree!! Everyday we are seeing new lows why should this week be any different? They can test new lows all the way to 0!!!!!!

[Eric1212]

He is talking about the VIX !!! He is right, it's not the norm to be at 52 weeks low ! Check the VIX from by example in this link : https://www.barchart.com/interactive_charts/futures/VIY00 We have time for the "ultimate" low of 9.31 but still... For your benefice, there is the chart daily on 5 year, it's never get long on the low...

[Gold1975]

Thanks for the info Eric, So what's your take on this? What do you think we will see today? This week? Is this something we should be buying now or waiting for it to go lower? Thanks

[Eric1212]

I can't go that deeply and sugest buying... For the moment, we see a small increase on the SP500 and a very small increase on the GOLD for today but untill Friday... Let see for the day... :P Remember, our risk in HVU is there ! It's because we doesn't know the future that we can mutiply the HVU price by 2, by 3, by 4....

[Gold1975]

Not asking that you advise anyone to buy at this price... Just curious as to your opinion on where this is heading this week? Do you see the SP keeps climbing or will the VIX regain some value?

[VIXUPUP]

I bought in on Friday. My target is mid-high 9s to maybe mid 10s. Did I buy in too early by one day and facing a temporary loss, yes. Am I going to get 9.5-11 this week or this month, yes. I think today is the low because earnings coming out soon and financials will not be good. S&P at all time high, basically shorting the top. Target price of 9.5-11 this week or next few weeks is completely

[StockSkill]

When come to hvu you cann't buy on the exact price , you have to avaerage down look or the $vix  at the lowest point around 13 to 12 and sp500 gain too much in last 10 day In for a penny in or a pound. and hope we don't lose a shirt! hahah

[Gold1975]

Well this thing better build up some steam if you're even gonna get close to those lofty expectations!!

[StockSkill]

20 to 40 percent correct would be nice!

[Gold1975]

SP just keeps climbing with no end in sight!!

[StockSkill]

sp500 climb at least 10 day i guest Broker dont need to sell their share

[VIXUPUP]

That’s great. The more people that join the hype train the more sudden the correction will be when the rug is pulled from under them. Same thing already happened with oil and it got re-priced. Wait until bank earnings Thursday and Friday, or maybe even news before then. Like I said buying around 8.5-9 level and targeting 9.5-11 in days or weeks ahead is very reasonable and it will happen. You can

[StockSkill]

broker keep buying up. They know alot o shorter out there!

[Eric1212]

lofty expectations... For 12-13 $ ? On HVU, i would expect 30-40 $ easily with a correction, a lot more on recession... My first selling point is 25 $, next one is 25.15 $ and so on(With larger spread) to 65 $...

[StockSkill]

I gold hit 1975  We all be a very rich  We can all can wish and dream

[MayorRobFord]

Good job report should get feds thinking of raising rates again. That's what we HVU losers are hanging our hats on.

[VIXUPUP]

BREAKING:  UK Prime Minister David Cameron will stand down on Wednesday; Theresa May to become leader  And so it begins...wait till banking financials later this week though. S&P ATH is a bubble I think. 52 week low VIX is not going to stay. 15-16 VIX seems more reasonable and this at 9.5-11. Not counting surprise spikes.

[MayorRobFord]

VIX is somewhat higher than 11 right now. FYI, https://www.bloomberg.com/quote/VIX:IND

[Steven1]

Guys. I’m back for just one post. And for some encouragement.   The VIX is not doing that bad today given the SP is at ATH. The problem is that the yen is down 2% because of the elections in Japan, the Yen tends goes down on good news within that country.   Bond Yields are up a lot (mayor’s earlier observation abpout bond)   We need a day like today for the Yen and bonds to go down

[Brootal]

I just got in this stock for the first time today...bought in at 8.43.  Seems like a no brainer with the market being so fragile right now.  I don't think this market momentum will last much longer.

[Gold1975]

what's your time frame on that..