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Friday, June 19, 2020 3:36:35 PM
2nd Q numbers will be abysmal, but could some of that be baked in? In any case, I’m with you and won’t hold longs through reporting. But that’s six weeks away. Plenty of time for exuberance.
Btw, I’m speculating medium-term, not day to day here. TVIX is tricky intraday, although you often get nice scalps off the daily bottom or soon after a morning index gap-up.
If I’m right, I’ll start accumulating TVIX around $100 and and hope for a 50-100% move. Disastrous virus news will gum these works up.
Best of luck.
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