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 $23.32 or best
Opening Trade
9-10-2015
Portfolio weighting: 10%
Number of Shares = 429 shares
Time for another visit to the trough.
You can pay all the way up to $24 for this Exchange Traded Note and it still makes sense.
I?m betting that sometime in my life, the Volatility Index (VIX) will trade below today?s $27. In fact, I expect it to trade back to the mid teens within the next two months.
After spending years stuck in in the $12-$15 range, it is nothing less than mind blowing to see it spike up to $27 this morning.
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 429 shares at????.??$23.32
Net Cost:???????????????????$10,004.28
