VelocityShares Daily 2x VIX ST ETN (TVIX)

[AAAtrades]

i have been trying to pivot into silver for months now, very tough scene.

It may have bottomed, but the huge commercial short position in both of them plus the potential for a massive dollar rally is keeping me in check.

if we start to see a total meltdown in the stock market (liquitidy crisis), then gold and silver may get sold as well to raise cash.

so maybe then they would retest breakout levels and that would be the buy....

this Corona virus from China could be much more serious than we at first realize....

think about it, we are overdue for a massive pandemic, horrible thought I know, but the Spanish Flu lasted TWO FULL YEARS and killed 50 to 100 million people, and infected 33% of the entire worlds population.

i sure as hell hope this coronavirus does not turn into a world health threat

if it does the absolute LAST thing on our minds will be TVIX or the stock market.