ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[risk on]

Unwinding the FED's 4 TRILLION securities portfolio could be THE Big Story tomorrow. These securities were acquired as a means of market intervention ( propping the market ), started during the market drop back in 2008 / 2009 and continued through 2015. Did anyone forget this? Sure they did, as many don't even know what that means or let alone it ever happened. Well, Yellen didn't forget , because she has repeatedly been talking about it. I suspect she will take solid steps to start unwinding this outrageous book of securities the Fed owns , before she leaves in February. Otherwise, her legacy could be " pump it up and leave the crash for another ", and that's not her style. Janet is a professional, and I do believe the bigger story tomorrow will not be rate Increase, as much as the speed of and solid steps to be taken for unwinding the Feds bail out of markets , which is really the impetus to start and keep this la la land , fairy tale market rise. Watch this space.