iPath S&P 500 VIX Short-Term Futures ETN (VXX)

[MADDSTACKER]

Anyone here feel like a massive squezze coming ?

[BottomBounce]

$VXX Shares of several companies in the broader technology sector are trading lower amid overall market weakness as investors take profits from 2020's stock market strength and weigh comments from Fed Chair Powell and Treasury Secretary Yellen.

[OneDay4488]

Smell a squeeze?

[Biggiee]

Do you play the $UVXY as well?

[Dubster watching]

I just keep adding. Only a fool will not see that a correction, large, is way over due.

[luisWinthorpIII]

Next Thursday evening

I’m expecting this to be in the 12s or 13s and will be taking a significant position at that time if my 12-13 $ entry point holds true by end of next week.

[Dubster watching]

Loading $15.20 and lower!
This has been one of my best trades the last couple of weeks. 5-6% each trip

[luisWinthorpIII]

In at 14.75 out at 16.30 today

[ClayTrader]

* * $VXX Video Chart 02-25-2021 * *

Link to Video - click here to watch the technical chart video

[Dubster watching]

Easy $$
Nice pop today for sure. I’ll get it back in a couple of sessions

[luisWinthorpIII]

Looks like $13s is about right to load

[Dubster watching]

Loading$15 or less

[Rex]

Looking to add on dips.

[luisWinthorpIII]

Starting to look like a buy again...

[na na]

I bought some today because everything feels sluggish since the Apple earnings.

[ClayTrader]

* * $VXX Video Chart 01-27-2021 * *

Link to Video - click here to watch the technical chart video

[luisWinthorpIII]

Fed is excuse for mms to sell off

While everyone else sleeps. It’s bull crap because everyone has known about the fed for weeks now and it is highly improbable that policy is tightening now. Just an excuse for big fish to make more money as earnings continue this week.

That said I knew this was a good possibility but decided not to get back in last night. I would not take a position now though because as soon as fed comes back and gives reassurance- market will come right back. Would have liked to sell this gain though and turn around and buy more of the stocks I know are going to make big bounces.

Just missed the gap up by a day. There will be plenty of chances after earnings though. Just so hard to time this right.

[luisWinthorpIII]

1.23% loss; no gap up; try again late Friday

After tech earnings week

[luisWinthorpIII]

Hi Biggiee its been a while,

I cant recall when I got out of VXX - it has been a while now. The market was being so irrational that I decided to just put my hedge VXX money on MGXRF which is a renewable battery company out Canada. I got in at around 17 cents and they are now trading at 60 cents - I have roughly 50,000 shares so I was able to take my negative return on VXX and turn it back into a nice positive. I also made quite a bit off BNGO and FRSX and APHA.

I admit, its a little dangerous going into VXX right now since the big tech companies are reporting earnings this week, but when I see “travel restrictions” mixed with record high covid cases and various strains etc., thats when I decided to pull the trigger back in. Because one thing I learned about VXX and this new Robinhood market we are in (idiots not realizing they are paying way too much) as long as the economy is open for business, the irrationality wont stop until the bottom gives out and we aren’t quite there yet for the bottom to give out. But travel restrictions can do a number on the openness of the economy and I’m nervous that these type of restrictions will keep coming with all the bad covid news. So I think VXX is starting to look like a good hedge again. Plus, the passage of any stimulus is way out into the end of February or March - so with that kind of lull in the stimulus schedule, there doesn’t appear to be enough to prop this market up in the near term.

I may completely change my stance tomorrow if the S&P starts to skyrocket - but I also saw an article from Goldman Sachs indicating the S&P will be all right....and thats when I knew to do the opposite. I’m usually better off going against the grain with them, but every now and then they actually tell the truth so anyhow, I’m hoping for a nice gap up in the VIX tomorrow and then I might sell before all the big tech companies report earnings, then probably get back in shortly there after and play around with day trading this all the way till stimulus time.

Good luck!

Ill probably report back to this board off and on when I decide to get out and back in at various times....There was only one time I was very successful with this and it was back in March last year....I got in around $35 and got out around $77. And despite my dozens of failures since then, that ride up to $77 more than makes up for anything Ive lost with this...you just have to be careful and willing to take a loss if necessary to avoid a bigger loss and one day, you’ll get in right at the right time and boom jack pot.

[luisWinthorpIII]

Ok, I’m back in at 16.98 1/25/2021

[ClayTrader]

* * $VXX Video Chart 12-21-2020 * *

Link to Video - click here to watch the technical chart video

[Biggiee]

I’m in @17.15

[QaB2i]

dfb

[AaronTrades]

FULL VXX TECHNICAL ANALYSIS VIDEO HERE: VIX STOCK CHART ANALYSIS SERIES: PART 1 - Friday 11/13/20

[ClayTrader]

* * $VXX Video Chart 11-04-2020 * *

Link to Video - click here to watch the technical chart video

[daveblanchard]

Who's in VXX? I'm expecting major volatility next week.

[ClayTrader]

* * $VXX Video Chart 10-28-2020 * *

Link to Video - click here to watch the technical chart video

[Rockurstocks]

Let's keep moving!
$VXX$

[MonitoringStocks]

Yep. Pretty freaking ridiculous. VIX down like the election is over, stimulus was passed, vaccine was released.. and to break support level today - this is total gambling and a giant waste of time and energy. I’m done!

[Biggiee]

Daaaamn!! This market doesn’t give 2 shiz about anything! Completely irrational. Good luck anticipating anything..... utterly gambling at this point.

[Biggiee]

Trump caught the Very virus he called a hoax. Is this last straw for this market? Place your bets!

[Biggiee]

Might be time to jump back in here. Finger on the trigger. GL

[Biggiee]

I got out at 31 this morning. GLTU

[Biggiee]

Are you still in this VXX? $28 now

[Biggiee]

Wow, nice call!! I got distracted and did not execute my VXX play, bummer

[Biggiee]

WW with the amazon collaboration. Chart is soooo ready. GL

[Biggiee]

I think I’m going to do the same with the VXX. Hurricane season might be the straw that breaks it?

[luisWinthorpIII]

You were right

I just jumped back into VXX in high 24s. I think I’m staying for a few days

[Biggiee]

Yea, I really wish he had delivered that speech to shorters last weekend! Ha ha.
Anyways we will see how this pans out as I’ve seen 3 other Virus stocks surge in volume, no news, go up about 20% only to trap them all within hours and continue the fall. VXRT is a case in point. The sector is still hurting, I will see how this plays today before I make a move.

[luisWinthorpIII]

Srne screwed us again friend

[luisWinthorpIII]

Yes, good call -

I also sold this morning for what I paid (lol) I could have Had a nice profit if I had waited like you. I started getting really depressed when I saw it jump in the 8.60s but seeing in the low 8s now makes me feel better.

Cruise stocks sound dangerous - I think it is very likely covid is going to get worse this fall and I’m not sure cruise stocks is where I’d want to be right now. In fact, I’d wait till fall and buy the dips. But thats just me. Same with other epicenter stocks like airlines, oil, and hotels......just seems to soon right now. And politically, depending on who gets elected will also have different effects. And despite what polls say now, the race is going to tighten as we get closer to November - it always does. I predict this will be the first time the Supreme Court has to decide who will be president. And if you are in VXX around the 3rd week of September, you will be in a gold mine I think.

I’m focusing on trying to find the right entry points in Covid stocks for now. There are several of them that are setup for much larger gains with covid still being a threat. Any PR will send them right back up the hill. One that I’m holding long term is OPK, waiting for Q3 because they are doing thousands of tests per day behind the scenes. Plus they have a drug called Rayaldee which I think will be approved soon so they have 2 really great catalysts just right there, and they could get more contracts possibly. So at some point nearing Q3, I see them close to $10 per share and thats just a few short months away - that is more than double where they are now. And unlike, other Covid stocks - these guys already proved themselves in Q2 with their earnings - they blew away analyst estimates and Q2 wasn’t even their big quarter....rather Q3 is going to be a monster at the rate they are going. Anyhow, they are my favorite of all covid plays right now.

[Biggiee]

Yea. We’re on the same page. I just sold SRNE on the morning bounce @8.675, took the loss because I think it will get cheaper like you said $6’s or maybe even lower until capitulation. I would just hate to miss a news move, but virus stocks are the black sheep right now. I’ll wait for the tide to turn in the sector.
Oddly enough I am keeping an eye on the cruise line stocks, CCL and NCLH charts are setting up, but I’m sure any pop with be short lived. GLTU

[luisWinthorpIII]

Good call

I did end up selling vxx today for a small loss as soon as I saw SRNE drop below $8. If it wasn’t for having to enter in my damn password I would have got in under 7.80. But I went bigger this time and snagged another 2000 shares at $7.97. I actually made out positive so far today. But I’ve been working pretty hard trying to time things right with only minor gains. I want that big 10+% day again and it just seems impossible right now no matter what I do.

I think SRNE is going back to the high $6s though. But I’m hoping there will be a delayed head fake tomorrow morning before it does. Hindenburg did the same thing with aphria. Right when everyone thought they were done, the bottom looked in, then they came back and took another 12% completely unexpectedly right after people started buying back in. And they did it gradually a few times just like they are doing here. I hate playing stocks that Hindenburg has it out for. But man, when the bottom does come in, all the shorted shares start to cover like wild fire. But I don’t think these guys are quite done yet.

Anyhow, I’m starting to look at some over the counter plays in Europe. I’ve heard big money is noticing the market is topping out and are looking to take advantage of some beaten down European markets.

Good luck this week....hard to believe it would get worse....

[Biggiee]

Whole world has gone mad. Sidelining most of my money and waiting for a panic fall or until I get bored waiting

[luisWinthorpIII]

Lol !

Ya ya,

But the market to GDP ratio is 178% the highest it’s ever been even higher than the dot com and financial crisis bubbles.

Covid stocks are likely to fair better in the next 60 days but the big tech stocks propping up the entire market I think are going to see a slow trickle downward over the next 2 weeks and by quadruple witching hour on the 3rd Friday of September the hammer I think will start dropping. A few caveats and wrenches in that thesis are vaccine and PRs. With all the vaccine players in the game, any one of them could come out with a positive PR at any given time because they are all at different phases of development and that throws my Thesis right out the door. But I argue if the vaccine PRs that do come out are anything less than a fully FDA approved vaccine, any positive vaccine PR will be eclipsed by the uncertainty of the election.

So come the 3rd Friday of September, I say hold your covid plays but cash out everything else and slowly start accumulating the dips. And keep in mind all the big institutional moves will come at a time when you can’t do anything about it , right in the middle of the night.

Do you have any money on OPK? They are my favorite Q3 covid play right now. Another one I like and am watching right now is OPGN. And I also like the thought of ABUS getting bought out. And then their is my jackpot stock....GERN. The biggest hit I’ve ever taken on a stock. But the one stock I like best out of all stocks I own is MGXRF. Nobody knows this stock right now. It’s flying completely under the radar. The company is Zinc8 Energy and they have a grid tied battery storage solution that works using Zinc as the anode and air as the cathode. Zinc is way cheaper than lithium and one of the most abundant elements on earth. And to make a bigger battery, they just need to increase their Electrolyte capacity which means unlike lithium ion they re scalable to larger storage capability. They beat out dozens of applications for a shot at implementing their design with one of the largest power companies in the world- the New York power authority. They are scheduled to demonstrate their design sometime in Q3. If all goes well I see them jumping into the .70s then likely settling in the .40s. They are trading under 20 cents right now.

How about you, any suggestions?

[Biggiee]

This market will never go down again!! USA!! USA!!
... lol have a great weekend.

[luisWinthorpIII]

Back in at 24.87 -

Looking more and more like a good VXX bump up on Monday. But I dont plan to stay in long

[luisWinthorpIII]

Time to load up either today or tomorrow...

Witching hour is approaching....anticipation starting to stew.

I’m betting the market will tumble for a short window of time after contracts expire. But be careful, vaccine news is right around the corner. Also, stimulus talks could actually come to fruition sooner than later. I think the window of opportunity here will be fruitful but short.

[luisWinthorpIII]

Basically, when economies are open, covid is a market catalyst

The market doesn’t care if your grandma or your baby sister dies of covid - it only cares that the economy is open for business.

And the vaccine will make epicenter stocks explode. It would be wise to get into airline and hotel stocks - not sure if right now is the time or possibly a week or 2 from now till they hit a lower shelf, but the time is approaching where either vaccine news will come out from any of the vaccine manufacturers or we will get an agreement on stimulus. And keep in mind, with multiple manufactures, PRs seem to be coming out every week - so there is plenty of vaccine news to prop the market up for now. And Assuming there is any money at all for airlines, epicenter stocks will explode. This is all in anticipation over the next few months and will continue to prop the market up until either event occurs. There will be small pockets of opportunity for vxx (if you time it right) but ultimately it’s almost impossible to time those windows just right to make it worth your while. If the stimulus comes well before October, there will likely be plenty of opportunity with vxx because the FED is just about out of bullets and the Biden polls are going to create uncertainty for Wall Street. The only thing that can save the market after the stimulus is a vaccine. And the fact that we have these major catalysts in place is not good for taking a position in VXX long term. And if you do, be careful, trump could continue to use executive power to push the mRNA trial along. He is not happy that Putin beat him to the punch (regardless if the Russian vaccine is good or not) and he knows a vaccine could be the difference in him getting re-elected. He is going to be pushing hard to move as fast as possible, so dont be surprised if we get expedited vaccine results and emergency FDA approval sooner than the estimated clinical trial completion date states. And with trumps entire election on the line, with so much to lose, there is a good chance there could be some political intervening going on to ensure mRNA (or a worthy competitor) wins regardless of what the science really says. Obviously, a vaccine is not the only factor at play for trump, but it is the catalyst that will get the epicenter portions of the market rebooted and if the economy looks good prior to the election - he will get the credit regardless if he deserves it. So there are major catalysts in the market ahead of us with big Political incentives for the current administration to get the economy to all time highs prior to the election. As a result, stay away from vxx for now. If mRNA fails though (or competitors if they actually get there first), if you are not in Vxx before the news comes out, you will have missed a major opportunity. For me, thats just too much of a gamble. There’s no evidence from top officials that any concerns are present with the ongoing trials of the major vaccine players.

[luisWinthorpIII]

Wrong again - got out at 26.30 pre-market for another small loss.

I think there will be a window of opportunity for VXX soon.