As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. This is your chance to ?look over? John Thomas? shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen.
Trade Alert - (XIV)- BUY
Buy the Velocity Shares Daily Inverse VIX Short Term ETN (XIV) at $24.07 or best
Opening Trade
12-11-2015
Portfolio weighting: 10%
Number of Shares = 415 shares
This might just be a Friday to Monday trade.
All I know is that we just ticked $24.88 in the Volatility Index (VIX), and $23.72 in the (XIV), which is very close to the August and September lows.
If the S&P 500 stabilizes around here, you might capture a quickie 20% profit.
That would take the taking the Velocity Shares Daily Inverse VIX Short Term ETN (XIV) back up to the $29 level we saw yesterday.
You can pay all the way up to $25 for this Exchange Traded Note and it still makes sense.
It spent most of 2015 stuck in the $12-$15 range. It seems to want to live there.
For a detailed description of this 1X short volatility ETN please click here for the issuer?s website at http://www.velocitysharesetns.com/xiv.
Here are the specific trades you need to execute this position:
Buy 415 shares at????.??$24.07
Net Cost:???????????????????$9,989.50
