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That happened fast...so we should be going up now?
Haha, choose wisely! Or choose both.
Bought back a starter position in XIV at 31.98...will add on pullbacks.
Nice, let's see if it can make it to 2116.
Ah, gotcha.
Either way, I just sold my shares at 31.88
You mean you think it's moving on its own accord, not Yellen? Or that it won't run either way? I mean, it's already up 2.44% right now.
XIV could go on another huge run today if the market likes what Yellen has to say...so far so good.
If /ES drops below 2100, TVIX could start popping.
AAPL, can anything stop this train? Probably gonna be a trillion dollar market cap eventually, incredible.
Looks like she's going up...
I would also like it to do something...break up or breakdown, either works for me.
Might fall a little short unless it kicks into another gear.
About 45 minutes of trading, can XIV hit 32? Stay tuned...
I'd guess 2200-2300.
Yeah, if I just held my original position I would be up a lot more right now...haha, oh well.
Thanks man, you too. Been in and out of XIV since 27ish, hope to see the markets finish strong today and we make lots of $$$.
BADA BING.
Only a matter of time...
Now that would be swell.
Guess not...wish I didn't get stop lossed out of XIV. Oh well, just bought back in.
Yeep, looks like it could pop soon.
Correction time? 2050ish?
Same. Looking bullish with the market slightly down and XIV up over 2% today. Hope we see $35 soon.
Volatility/fear is starting to leave the market. Thinking SK's prediction of 2150 looks pretty accurate IMO.
XIV is off to the races!
I was not insinuating you thought it was a buy. Merely wanted to share new and relevant info pertaining to the stock. The CEO departure may be positive long term but that dividend cut is gonna send a lot of investors heading for the door IMO. Wouldn't be surprised to see it sub 10 bucks.
RIG's CEO and president stepped down over the weekend and they just slashed their dividend by 80% today. Tomorrow could be a bloodbath...
Nice close, similar action to yesterday.
That would be pretty crazy to close red at this point. It looks like we might have another close like yesterday...lots of green
Don't fight it market, just go red...really red.
Market might have topped out...
I'm just sitting on mostly cash and waiting on the next big dip as well. The fact that TVIX is at 2.80 right now and the SPX is close to making all time highs is pretty telling IMO. Last time SPX was around this level, TVIX was approximately 35-50 cents lower...People are still on edge.
"Greece and Europe move to bailout extension."
Sold XIV before close...ugh.
Indeed, big green candles on XIV last 10 mins.
/ES seems to be holding above 2054 decently. Back in XIV as well...
Looks like it's in the cards!
Here comes the /ES drop...
AAPL, the gift that keeps on giving.
Out XIV...gonna wait for it to hit 26 again.