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 $21.87 or best
Closing Trade
1-12-2015
Portfolio weighting: decrease from 20% to 10%
Number of Shares = 459 shares
I am going to use the 5 ? point plunge in the Volatility Index (VIX) overnight to cut back my risk on our (XIV) position. Basically, I am getting you out at cost.
The goal here is to raise cash and go into the next volatility spike with plenty of dry power. The hard times are not over yet. The final low in the (SPY) has yet to come.
As this is a mathematical contract, the downside risk from here is very limited, as long as we don?t have a flash crash in the next couple of days.
I?m betting that sometime in my life, the Volatility Index (VIX) will trade back in the teens. In fact, I expect it to trade back to the mid teens within the next few weeks.
Once we get through the New Year?s rebalancing?s, volatility should settle down.
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 459 shares at????.??$21.87
Net Proceeds:???????????????$10,038.33
Profit: (459 shares X $.08) = $36.72, or .04% for the notional $100,000 model trading portfolio.
