I know the VXX is not the VIX, and is not supposed to track it,
and it has lots of continual deterioration from rolling futures
contracts with daily loss of time value in those contracts.
Last year, for a trade and "insurance purposes" it seemed you
could play the VIX (at many rock bottoms) through the VXX (iPath
S&P VIX Short Term Futures ETN).
Lately, the last 3 times the the VIX hit 11, it was up 15%
within a few days. But the VXX does not actually track well or
exactly, and barely has gotten 4-5-6% off those bottom. The
VXX looks like a continual freefall.
Does anybody see a way (or best way) to play the upside VIX when
it hits 11?
I would like a little more info on "Shelf Support" and "Shelf
Resistance" vs traditional patterns. They do not appear to be
listed as a common Reversal Pattern and Continuation Pattern.
a) are they considered double or triple top or bottoms
"type"?
b) What is their "relevance ranking" and "
percentage of objective reached"?
c) It seems like we are seeing and using a ton of these, and
less of the traditional patterns. Due to the market
stagnation?
PRTS got hammered Monday 8/22 to the tune of 13-14%, and other
2% today on no news that I can see. Anybody have any
clues? It is suddenly back down to the low temporary level of
8/2.
U.S. Auto Parts Network, Inc. (PRTS) - more of
a longer term fundamental play.
A stop at the 9EMA would be a 4.2% loss, which is a bit more
than the max moves in a day, which, yes, would have been more
appropriate. Below 9EMA would be 5%, kind of
large. I was thinking more risk / reward ratio of 1:3,
willing to risk 2% for potential gain (target) of 6%.
Side question: Why (regular/simple) Moving Averages on 20, 50,
200, and Exponential Moving Averages on 9 and 5? Why EMA not
SMA?
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new idea: LOEWS (L) Possible
Posted by Walt on 31st of Mar 2020 at 01:23 pm
new idea: LOEWS (L) Possible Bear Wedge Forming (someone will have to put it into TradeStation :) and re-comment
VIX and VXX - how?
Posted by Walt on 23rd of Jan 2017 at 08:41 pm
I know the VXX is not the VIX, and is not supposed to track it, and it has lots of continual deterioration from rolling futures contracts with daily loss of time value in those contracts.
Last year, for a trade and "insurance purposes" it seemed you could play the VIX (at many rock bottoms) through the VXX (iPath S&P VIX Short Term Futures ETN).
Lately, the last 3 times the the VIX hit 11, it was up 15% within a few days. But the VXX does not actually track well or exactly, and barely has gotten 4-5-6% off those bottom. The VXX looks like a continual freefall.
Does anybody see a way (or best way) to play the upside VIX when it hits 11?
"Shelf Support" and "Shelf Resistance" vs traditional patterns
Posted by Walt on 19th of Oct 2016 at 11:01 am
I would like a little more info on "Shelf Support" and "Shelf Resistance" vs traditional patterns. They do not appear to be listed as a common Reversal Pattern and Continuation Pattern.
a) are they considered double or triple top or bottoms "type"?
b) What is their "relevance ranking" and " percentage of objective reached"?
c) It seems like we are seeing and using a ton of these, and less of the traditional patterns. Due to the market stagnation?
Thanks
ADVM - Long - bounced off prior resistance
Posted by Walt on 2nd of Sep 2016 at 12:51 pm
Old resistance at 3.56 becomes support. Bounced off support and the 50 to tag the 9.
ADVM
PRTS - Update - big drop yesterday
Posted by Walt on 23rd of Aug 2016 at 05:08 pm
PRTS got hammered Monday 8/22 to the tune of 13-14%, and other 2% today on no news that I can see. Anybody have any clues? It is suddenly back down to the low temporary level of 8/2.
U.S. Auto Parts Network, Inc. (PRTS) - more of a longer term fundamental play.
EXPR - appropriate stops discussion / example
EXPR follow up
Posted by Walt on 17th of Aug 2016 at 12:17 pm
A stop at the 9EMA would be a 4.2% loss, which is a bit more than the max moves in a day, which, yes, would have been more appropriate. Below 9EMA would be 5%, kind of large. I was thinking more risk / reward ratio of 1:3, willing to risk 2% for potential gain (target) of 6%.
Side question: Why (regular/simple) Moving Averages on 20, 50, 200, and Exponential Moving Averages on 9 and 5? Why EMA not SMA?
EXPR - I got stopped out with 28 cent stop loss
EXPR follow up
Posted by Walt on 17th of Aug 2016 at 11:26 am
That seemed quite lenient at almost 2%. This keeps happening to me.
VNET - you sure did and I missed it :)
VNET Update - earnings announced - not good
Posted by Walt on 17th of Aug 2016 at 10:52 am
VNET Update - earnings announced - not good
Posted by Walt on 17th of Aug 2016 at 09:33 am
http://stockcharts.com/h-sc/ui?s=VNET&p=D&yr=0&mn=5&dy=0&id=p54719309293&a=472514609&listNum=59
Dang, forgot to check earnings date. Announced last night, down 9% today