Case of the Monday's: What to Trade
Sunday night and stocks in Asia are falling thanks to the EU uncertainty. That means a return of volatility could become the norm next week. Thus cue the ProShares UltraShort FTSE China 25 ETF (FXP) and he iPath S&P 500 VIX Short Term Futures TM ETN (VXX).
Getting ready to start the week and after reading this crap, its going to set the stage for the week. Asian stocks are taking it on the chin on a concern that talks to resolve Europe’s debt crisis are deadlocked, curbing the earnings outlook for exporters. Back here at home we are concerned about Next Year Stocks Could Tank (or Sooner). A downgrade by Moody's before we hit the 'Fiscal Cliff' could kill stocks to the point of extinction.
Now that the VXX is trading at its bottom its time to think about adding some as a hedge for the coming week's destructive headlines. Throw on a little FXP and you got yourself a party for a bearish trend.
Trades for the EU Mess
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Shadow Fed Funds Rate Says Sell US Equities | Financial Sense
- They Are Putting Armed Guards On Food Trucks In Venezuela | ZeroHedge
- Soros Suffers Major Loss On Long Pound Trade Ahead Of Brexit | ZeroHedge
- Kuroda Is Trapped As The BOJ Can't Ease Any Further: Here's Why | ZeroHedge
- Clinton's Plan For Millennials: Loan Forgiveness | ZeroHedge
- European Dead-Cat-Bounce Dies - Big Banks End Lower | ZeroHedge
- Behold Corporate Incest | ZeroHedge
The most relevant financial news and articles from the Internets
- We tried the McDonald’s McFloat finally available in the United States | Business Insider
- I worked at In-N-Out for 2 years — here's why I'd still eat there every day... | Business Insider
- Here's how the remaining 'Game of Thrones'... | Business Insider
- The 140-year-old Buenos Aires Zoo is shutting down... | Business Insider
- Here's why Brexit is a lot like having kids | Business Insider
- Why there's no reason for most people to buy high-tech versions of... | Business Insider
- 5 things you might have agreed to without realizing when you signed up for a credit card... | Business Insider