Where's the Volatility?
Volatility has been calm since the Dow Jones crossed 13,000. Despite the fanfare there is one play that will provide insurance should them market not sustain itself. The trade is the iPath S&P 500 VIX Short-Term Futures ETN (VXX).
The VXX is never meant to be a long term holding, then again nothing is these days. The Masters are looking for profitable and sensible trades, the VXX makes the cut.
Headlines like these from CNBC help our thesis for stocks moving lower -- US Stocks Edge Lower as EU Concerns Weigh -- Stocks edged lower Wednesday, after some weak earnings reports and worries over a recession in the euro zone following some disappointing economic news.
Mastery recommends taking some profits. Smoke em' if you got em'.
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Eight Venezuelans Electrocuted To Death While Looting Bakery Amid Massive Protests | ZeroHedge
- "Total Chaos" - Cyber Attack Feared As Multiple Cities Hit With Simultaneous Power Grid Failures | ZeroHedge
- How The Euro Will React After The First French Results Come Out | ZeroHedge
- Voting at the NYC French Consulate | ZeroHedge
- Freedom Caucus May Be Ready To Flip As New ObamaCare Bill Sports "Significant Changes" | ZeroHedge
- Measuring Hard and Soft Power in a Potential War With North Korea | Financial Sense
- China, India, and Japan Are Very Interested in Sri Lanka – Here’s Why | Financial Sense
The most relevant financial news and articles from the Internets
- 9 years ago, I started a love affair with a supplement that makes me sleep... | Business Insider
- 2012 Honda CR-V | BusinessWeek
- These 10 maps will change... | Business Insider
- Trump's budget director floats a deal with Democrats on the... | Business Insider
- This chart shows the insanity of Venezuela's hyperinflation | Business Insider
- REVEALED: Apple documents offer first look at the tech... | Business Insider
- The Trump trade looks dead | Business Insider