VelocityShares Daily 2x VIX ST ETN (TVIX)

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...This is the second time this week that China’s newly implemented circuit breakers have crossed over and infected the broader U.S. market. The China Securities Regulator on Thursday said it would suspend its four-day-old circuit-breaker system, saying the mechanism didn’t work out “as expected.”

...Meanwhile, the CBOE volatility index, also known as Wall Street’s Fear Gauge, jumped 20% to 24.90, above the historical average of 20. The Vix index gained nearly 37% so far this week.

Some analysts suggested that relatively high valuations made markets prone to wild swings whenever bad news hits airwaves.


Dow slumps 392 points on China worries
Published: Jan 7, 2016 4:32 p.m. ET
http://www.marketwatch.com/story/dow-poised-for-triple-digit-loss-on-china-halt-oil-slide-2016-01-07-6103113?dist=afterbell