VelocityShares Daily 2x VIX ST ETN (TVIX)

[TheWallStreetPoet]

I see the vix rising modestly higher Monday, maybe 13.40. Vix would have went apeshoot if they would have announced this before close and that would have transcended into Monday. Heck, they could use this coup failure as a rallying point to send the market higher.

Most likely, this event will lead to a dash of uncertainty that puts some on the sidelines and with earnings disappointments next week could start the decline to a S n P that is more in touch with the declines in earnings.