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)- TAKE PROFITS
SELL the Velocity Shares Daily Inverse VIX Short Term ETN (XIV) at $25.46 or best
Closing Trade
12-15-2015
Portfolio weighting: 10%
Number of Shares = 415 shares
We have just had a massive six point drop in the Volatility Index (VIX) in two days, and a three-point pop in the Velocity Shares Daily Inverse VIX Short Term ETN (XIV), which you own.
So I am going to take the easy, low risk money here and sell my position in the (XIV). That way I can duck the consequences of Wednesday?s Federal Reserve interest rate decision, whatever it is.
If you hold on through tomorrow and things go your way, the (XIV) could very quickly run back up to $29, giving you a one week 20.8% profit on the trade. If the market goes against you, the (XIV) will instantly falls back down to your cost.
I?ll let you decide what to do.
As for me, I want dry powder with which to sell the next (VIX) spike. You make the money on this trade in the turnover, not hanging on for the one off homerun. Let the other traders panic.
This is my fifth consecutive profitable trade in the (XIV).
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:
SELL 415 shares at????.??$25.46
Net Proceeds:?????????????$10,565.90
Profit: ($25.46 - $24.07) X 415 = $576.85, or 0.57% for the notional $100,000 model trading portfolio.
