Here are a few SPX Intraday Charts that Matt will show in
tonight's newsletter. As you will see, the SPX 1397-1402 area is
noted short term support to monitor. This also equates to the S1-S2
pivots shown on the SPX 5 minute chart.
Please note that the range above was adjusted to 1397 since
stockcharts pivots were yet to be updated last night and S2 is at
1397 not 1399.
why is the vxx not trading proportionately with the s&p,
yesterday the s&p went up 5.3 points and vxx went down 1.25.
Today the s&p down 8 and vxx only up .30. When and what does it
take for volatility to return
Again vix is up 2.59% and vxx is down 4.0% when you say they are
supposed to replicate each other why are they going in opposite
directions. Is it something to do with the futures turning
over
ducati - the VXX sucks as an ETF, I've talked to tons of pro
traders and they all told me that the VXX is crap, they don't trade
it. I've traded it a few times myself, but I don't like the
way it trades either, it's too volatile and a tough trader
it is no different then USO , UNG or others
where they have a natural tendency to go down no matter what.
This puppy will probably go to 11.00 bucks and then
the owner of the ETF will declare a 4:1 reverse
split.
SPX Intraday Views
Posted by steve on 19th of Mar 2012 at 11:39 pm
$SPX
$SPX
$SPX
Here are a few SPX Intraday Charts that Matt will show in tonight's newsletter. As you will see, the SPX 1397-1402 area is noted short term support to monitor. This also equates to the S1-S2 pivots shown on the SPX 5 minute chart.
Please note that the range above was adjusted to 1397 since stockcharts pivots were yet to be updated last night and S2 is at 1397 not 1399.
vxx
Posted by ducati on 20th of Mar 2012 at 10:41 am
why is the vxx not trading proportionately with the s&p, yesterday the s&p went up 5.3 points and vxx went down 1.25. Today the s&p down 8 and vxx only up .30. When and what does it take for volatility to return
a longer term chart back
Posted by smoothy on 20th of Mar 2012 at 10:47 am
a longer term chart back to 2007 shows that when volatility returns you will know it and VIX will move big...
vxx
Posted by ducati on 20th of Mar 2012 at 11:34 am
Is it how it trades with the futures that causes this. s&p down 6.5. vxx also now down too? why
VXX seeks to replicate the
Posted by steve on 20th of Mar 2012 at 11:37 am
VXX seeks to replicate the VIX short- term futues.
Just because the SPX is down DOES NOT necessarily equate to increased volatility.
http://screencast.com/t/Fi5zCQRJOQh
vxx
Posted by ducati on 20th of Mar 2012 at 03:35 pm
Again vix is up 2.59% and vxx is down 4.0% when you say they are supposed to replicate each other why are they going in opposite directions. Is it something to do with the futures turning over
ducati - the VXX sucks
Posted by matt on 20th of Mar 2012 at 03:40 pm
ducati - the VXX sucks as an ETF, I've talked to tons of pro traders and they all told me that the VXX is crap, they don't trade it. I've traded it a few times myself, but I don't like the way it trades either, it's too volatile and a tough trader
I have posted on several occasions not to trade this crap unless it is a day trade
Posted by zach06 on 20th of Mar 2012 at 04:36 pm
it is no different then USO , UNG or others where they have a natural tendency to go down no matter what. This puppy will probably go to 11.00 bucks and then the owner of the ETF will declare a 4:1 reverse split.
vxx
Posted by ducati on 20th of Mar 2012 at 11:39 am
Thank you