VelocityShares Daily 2x VIX ST ETN (TVIX)

[weedresearch]

Here are my thoughts and predictions.
It’s pretty clear that Yellen’s purpose is to prop up the market, whether that be at Obama’s direction for the election, or wall street’s. My bet is on Obama. They changed the outcome of the last election by lying about Benghazi and will probably try to do the same, this time with the stock market. i.e. no rate hikes soon
This market has no basis on fundamentals. It’s driven by oil and the fed.

My next buy points here, regardless of technical on the TVIX chart is:
211.50 on the Spy / 2115 on the SPX / $50 oil
Last hit on 11/3/2015 – SPX hit 2116 that day and closed at 2109. Oil was also $50!
Will sell Tvix at SPY/SPX support as I think the market goes higher after the pullback

If Brexit does not happen that will definitely give this another leg up. That’s on 6/23
Odds low of rate hike in June- Obama’s orders.

213 on the Spy / 2132 on SPX / $52 oil (all this came together 7/20/2015 and is right at ATH)
Last hit on 7/20/2015, The VXX was $16 that day, VIX triple bottom at 11.75
Think about it, when best to have a bug pullback except when everyone is on vacation!
That being said, with 13% monthly decay on the TVIX. From 3.25 that’s roughly 1.25 in decay in roughly 3 months. Taking this bad boy to the 2.00 range!!!!

End rant/