Post by
Matty19720508 on Jul 12, 2016 1:37am
The S&P just broke a new high , a new cycle begins
Watch for a S&P breakout , just like silver did earlier this mounth, I'm out of HVU until September closer to the election , GLTA!
Comment by
Gold1975 on Jul 12, 2016 2:33am
I just swore I saw it breakout already to 2140, you mean its gonna go higher like 2200 0r 2300? Yikes!!!
Comment by
Gold1975 on Jul 12, 2016 4:13am
whats it gonna take to slow down this speeding train...
Comment by
StockSkill on Jul 12, 2016 10:28am
IF IT DOES GOES GO TO 2300 I SELL MY HOUSE AND PUT ON A SHORT THIS MARKET IS DISCONECT ROM THE WORLD
Comment by
MayorRobFord on Jul 12, 2016 10:32am
THe ones disconnected from the world are HVU bagholders.
Comment by
StockSkill on Jul 12, 2016 10:37am
Look like HVU bag hold will make some cash today/or tommorrow anyway
Comment by
StockSkill on Jul 12, 2016 10:41am
Sound like you are an ex-bag HVU holder!!
Comment by
Steven1 on Jul 12, 2016 10:46am
The market is trying to hard to push up last few days. VIX is not going down.. There is likely pause until JPMC and the other banks report later this week. The VIX index was up yesterday and today (so far). I’d start watch to see if there and accumulation/distribution in VIX (SP futures puts vs calls) and VIX futures. It’s hard to tell so far this week
Comment by
Gold1975 on Jul 12, 2016 10:46am
What makes you so positive? post a link to the good news
Comment by
Steven1 on Jul 12, 2016 11:10am
I'm looking at the VIX index, VIX futures and VIX short erm futures index. Not positive. Just calling what I see Futures are real time https://www.investing.com/indices/volatility-s-p-500 https://www.investing.com/indices/us-spx-vix-futures https://www.investing.com/indices/sp-500-vix-short-term-futures-tri https://www.investing.com/indices/us-spx-500-futures
Comment by
Indomitable on Jul 12, 2016 11:41am
I noticed you didn't list this short term vix future. What about this one anyways... https://www.investing.com/indices/s-p-500-vix-short-term-futures-er Doesn't this one apply as well to this stock?
Comment by
Steven1 on Jul 12, 2016 12:36pm
I don’t think the VIX index can down much more. Because the VIX is implied volatility of the SP500 futures UP and DOWN. If the VIX went too low, it would imply their is no volatility and no movement in the SP. There would be no point in buying SP futures options if the VIX was close to zero. We are seeing very strange behavior in the markets. Maybe the start of a bubble or crash
Comment by
Gold1975 on Jul 12, 2016 12:41pm
what numbers are we gonna have to see to get back into double digits?
Comment by
Gold1975 on Jul 12, 2016 12:58pm
It is rough, I mean VIX is off by 1 on there...
Comment by
Eric1212 on Jul 12, 2016 12:47pm
It's pretty easy then, we still near the 10 $... Something like 20 to 40 points should be more than enough... Even less if it's in short time...
Comment by
Gold1975 on Jul 12, 2016 12:59pm
So the VIX over 14 and the SP back around 2120-2130?
Comment by
Gold1975 on Jul 12, 2016 1:01pm
It would be very encouraging if we could see another close above 8.6 today... that would signal some strength and hopefully a turn around towards the end of the week
Comment by
Steven1 on Jul 12, 2016 1:07pm
Usually the VIX index is 2 points below the futures below 20. The index is 2 points above after 20. As the VIX goes up, the difference gets wider. You could see VIX index at 33 and futures at 27
Comment by
curiousbuild on Jul 12, 2016 2:14pm
I agree.. I think 12.50 is support for VIX however we all know that these ETFs like UVXY and HVU will grind lower if S&P goes sideways next few days or weeks.. Oil and copper have good lift today so that brings positive sentiment to market.. I am still on sidelines to enter here but shorted few garbage gold stocks today.. see how it goes this week.. better to wait bank earnings by Friday.. CB
Comment by
MayorRobFord on Jul 12, 2016 2:20pm
Quadrupled down on UVXY/HVU. Looking for a bounce.
Comment by
Steven1 on Jul 12, 2016 2:21pm
Bonds and the Yen are down big. it gets these out of overbought status without too much adverse affect to the VIX
Comment by
Gold1975 on Jul 12, 2016 11:16am
What are you saying Stockskill? Where are we headed?