Trading Alert: Volatility Hits a New Low

Enter the Dragon - Bruce Lee (Before Kicking)

Maybe we won't get kicked in the face?  Let's hope so, but don't let your guard down.

Heads up Masters, the iPath S&P 500 VIX Short Term Futures (VXX) hit a new 52-week low today. The VXX got down to $12.41 today, fear has calmed.

We've said it a million times and played this card on the VXX when it falls to a new bottom.  Stocks could head up for a few trading sessions so the VXX could creep even lower.  However before we all think everything is perfect a small position in the VXX may prove to be a worthwhile trade.

The VIX or 'Fear Index' is down 7% today and its taking the VXX along with it.  Let's hope for all of our 401K's and IRA's the trend is less volatility for a few weeks.  If we could only be so lucky.







Hit $11.87 a share today.  52 week range: $11.87 - $59.15

I always wonder why market commentators make statements about our "IRA's and 401-K's" and correlate how we should be either elated or depressed based on daily moves in the stock market.Is it just possible that the owners of IRA's and 401-K's have their money invested in something other than 100% in the stock market? Have you ever heard of bonds, money market funds, commodity funds, and the other options that just might be available to them? 

Best of the Blogs

Latest Headlines