VelocityShares Daily 2x VIX ST ETN (TVIX)

[Capt_Smith77]

Here's one potential catalyst for TVIX, IMO....... It shouldn't surprise anyone if the 2020 MLB season is canceled, given that now some players and staff have been infected with Covid-19. Sports are a huge factor in that people want a break from the real world and overall stress, and losing professional sports is a negative impact for this country, as I'm sure it is for other parts of the world.

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Bob Nightengale of USA Today reports that Major League Baseball is closing all spring training sites in Florida and Arizona, effective immediately.

The facilities will all undergo a deep cleaning, and players and staff will not be permitted back in until they pass a coronavirus test. This comes after the Phillies, Blue Jays, Giants, and Rangers shuttered their training sites on Friday following either scares or positive diagnoses related to COVID-19. It's a big setback on the health front as Major League Baseball and the Major League Baseball Players Association attempt to sort out a plan for a 2020 season. The finances seem trivial at this point, but it's certainly still an issue as well.
Source: Bob Nightengale on Twitter
Jun 19, 2020, 10:30 PM ET