Stock Tip: I've dabbled in (VelocityShares Daily 2x VIX Short-Term ETN (TVIX)) for years. When the Kung Flu hit and the market tanked, TVIX went from $38 to $1,000 in the matter of a month. It is back down to around $100 range on President Trumps policy and market comeback. Short ETF's are easy plays to get in and out quick if you like or to stay in for long term debacles like a Biden Presidency. Gold and Gold ETF's may also be a good bet for a Biden Economy Meltdown. I'm not hoping for one like Libtards do, but no harm in making money on their foolish Socialist mistakes. It wouldn't surprise me if many Libtard Politicians place market bets to make money as they tank the entire market.
Yes, I was going to add that and forgot. He is the "King of Misery". Makes money everywhere there is financial collapse and the Demoncraps know this and plan on enriching themselves the same way.
Any more, market swings are quick and violent and not easily seen on the downside or upside. I think a Biden Presidency see all DOWNSIDE if he allows people like Sanders and AOC to be his economic advisors AND HE WILL!
TVIX doesnt exist anymore, Credit Suisse suspended it
maybe you are thinking of UVXY
imo you are better off buying call options on VXX, but even then it is best used as a hedge unless you have godlike timing
going long on these velocity funds will most often lead to you losing money due to contango (these funds buy VIX futures, and unless there is a sudden market crash like in March, when they roll out their contracts the value of the fund perpetually decreases)
Last time I was in it was last February. Thanks for the update. I never saw the suspension news, but I follow it still and it has been trading every day?
Regardless, as you said, there are other avenues to play the downside.
Stock Tip: I've dabbled in (VelocityShares Daily 2x VIX Short-Term ETN (TVIX)) for years. When the Kung Flu hit and the market tanked, TVIX went from $38 to $1,000 in the matter of a month. It is back down to around $100 range on President Trumps policy and market comeback. Short ETF's are easy plays to get in and out quick if you like or to stay in for long term debacles like a Biden Presidency. Gold and Gold ETF's may also be a good bet for a Biden Economy Meltdown. I'm not hoping for one like Libtards do, but no harm in making money on their foolish Socialist mistakes. It wouldn't surprise me if many Libtard Politicians place market bets to make money as they tank the entire market.
Yep. Playing both sides of a conflict. A true “Bond villain”.
Yes, I was going to add that and forgot. He is the "King of Misery". Makes money everywhere there is financial collapse and the Demoncraps know this and plan on enriching themselves the same way.
Yeah, made a couple thousand from the last “crash”. Unfortunately, I held too long and lost a bunch because it recovered too fast.
Bad for me, great for America.
Any more, market swings are quick and violent and not easily seen on the downside or upside. I think a Biden Presidency see all DOWNSIDE if he allows people like Sanders and AOC to be his economic advisors AND HE WILL!
Listen here, fat.
We all know Latino economist bartenders are incredibly diverse with incredibly diverse attitudes about different things.
Not only that, AOC smells good... uh, I shouldn’t say that.
Anyways, vote for me on Super Thursday for — you know, you know, the thing.
TVIX doesnt exist anymore, Credit Suisse suspended it
maybe you are thinking of UVXY
imo you are better off buying call options on VXX, but even then it is best used as a hedge unless you have godlike timing
going long on these velocity funds will most often lead to you losing money due to contango (these funds buy VIX futures, and unless there is a sudden market crash like in March, when they roll out their contracts the value of the fund perpetually decreases)
like you said, it is best to get in and out quick
Last time I was in it was last February. Thanks for the update. I never saw the suspension news, but I follow it still and it has been trading every day?
Regardless, as you said, there are other avenues to play the downside.