UPDATE ON VOLATILITY ETF VXX $VXX $VIX $XIV $UVXY
This post was just published on ZYX Buy Change Alert. DJIA has just experienced the tightest range in over 100 years. It means no volatility. In theory it makes sense to mercilessly sell as much volatility as one can every day. Of course, the trade has been profitable over the last several weeks. Nothing begets success more than success itself. The crowd is now fully committed to selling volatility. VIX is near all time lows. Our over 30 years in the markets have taught us that the real life in markets over a long-period of time is very different from any