Seeking Alpha

More on the VIX below 15: A chart of the VIX going back to 1994 shows 2 lengthy periods in which...

More on the VIX below 15: A chart of the VIX going back to 1994 shows 2 lengthy periods in which it held below that level - both were accompanied by healthy returns for the S&P. The VIX today -1.5% to 14.63.
Comments (12)
  • jetta
    , contributor
    Comments (12) | Send Message
     
    The VIX is broken.
    15 Aug 2012, 12:16 PM Reply Like
  • Pinocchio1
    , contributor
    Comments (206) | Send Message
     
    I have been following the ratio between VXX and SVXY (the short/inverse of VXX). The 2 behave as expected which means that whatever it is that determines the VXX pricing is consistant.
    Furthermore, the contango effect is minimal.
    This doesn't mean that the VIX works, what it does mean IMHO, is that gambling on VXX is a leveled field.
    15 Aug 2012, 12:24 PM Reply Like
  • Chuck
    , contributor
    Comments (102) | Send Message
     
    Agree...
    15 Aug 2012, 12:34 PM Reply Like
  • vuppaluru
    , contributor
    Comments (9) | Send Message
     
    I agree but better to keep away from these complicated things.
    15 Aug 2012, 12:58 PM Reply Like
  • sciencemagic
    , contributor
    Comments (55) | Send Message
     
    Anybody have any explanation as to why the VIX took off yesterday? It seemed the S&P just did what has been doing for about a week, which is very little, and therefore almost no volatility. Also, UVXY took off too; one of the trading component's for that index, and there seemed to be plenty of contango still to go around? So, why that jump in that investment?
    15 Aug 2012, 01:05 PM Reply Like
  • jetta
    , contributor
    Comments (12) | Send Message
     
    The VIX (broken) when low don't expect significant volatility any time soon but I'm seeing price action flying up and down. However, today has been boring so today the VIX is working.
    15 Aug 2012, 03:19 PM Reply Like
  • Navy
    , contributor
    Comments (217) | Send Message
     
    Is there a consenus with this VXX to go forward with a short on 20yr Ts? Thanks for your opinions
    15 Aug 2012, 03:53 PM Reply Like
  • jetta
    , contributor
    Comments (12) | Send Message
     
    My thoughts, the Market goes down 200 points tomorrow.
    15 Aug 2012, 03:59 PM Reply Like
  • taylz
    , contributor
    Comments (14) | Send Message
     
    wish I could short that call!
    15 Aug 2012, 10:44 PM Reply Like
  • freetrade
    , contributor
    Comments (3) | Send Message
     
    Any instrument or index (please provide symbol) to anticipate movement in the UVXY. Thanks!
    17 Aug 2012, 05:58 AM Reply Like
  • IMF610
    , contributor
    Comments (6) | Send Message
     
    UVXY is based on short term CBOE VIX futures you can track those from the CBOE website.
    22 Aug 2012, 09:41 PM Reply Like
  • freetrade
    , contributor
    Comments (3) | Send Message
     
    Any idea which index works to predict movement to UVXY? Please provide symbol. Thanks!
    17 Aug 2012, 05:58 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector