May 19, 2015

TAKE PROFITS ON YAHOO AND EXIT THE POSITION ON IRS RUMORS $YHOO $BABA

TAKE PROFITS ON YAHOO AND EXIT THE POSITION ON IRS RUMORS $YHOO $BABA

This post was just published on ZYX Buy Change Alert.

YHOO’s main value is its stake  in BABA.  There are rumors that IRS is looking at changing the rules that may adversely affect YHOO when it monetizes its remaining BABA stake.  Consider exiting the position right here.

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INITIATE OR ADD TO VOLATILITY ETF VXX $VXX $VIX

INITIATE OR ADD TO VOLATILITY ETF VXX $VXX $VIX

This post was just published on ZYX Buy Change Alert.

VXX represents volatility.  The momo crowd has been aggressively selling volatility resulting in a historic low in this ETF.  If the stock market corrects 10%, this ETF may potentially double from here.

There are significant losses on the existing VXX position.  Those who cannot handle losses should already be out of this trade.

What To Do Now?

Those in the position, are aggressive and are able to handle additional losses, may consider adding up to 25% in the zone of $18 to $19.27.

Those not in this trade, are aggressive and are able to handle a loss, may consider building  25% of the full core  position size right here in the zone of $18 to $19.27.… Please click here or the title below to read more.

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