Professor’s Comments Update 7/16/19
Posted by OMS at July 16th, 2019
I just bought 150 shares of TVIX, a short term 2X leverages ETN for my own personal account. Price paid was 14.20. This ETN is playing the VIX to rise (a declining market) during the next few weeks. If the indicators begin to turn positive on the 15s, I’ll add to my position. Students should understand that TVIX is an EXTREMELY volatile issue, so IF you decide to trade it, only trade small amounts. This is NOT a security for the faint of heart. It MOVES!!!
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One hour video recorded from May 28, 2016 The Professor’s Signs of a Major Market Turn – Prospectives and the Projected Timing and Levels One hour streaming video – includes webinar handouts The Professor usually holds an update class whenever the Market looks like it may be making a major turn. If you have been following the Professor’s Comments you know that a turn is due….. LEARN MORE
Not sure of the terminology we use? Check out these articles
The Hockey Stick Pattern
The Creation of Waves and Trends
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All of the commentary expressed in this site and any attachments are opinions of the author, subject to change, and provided for educational purposes only. Nothing in this commentary or any attachments should be considered as trading advice. Trading any financial instrument is RISKY and may result in loss of capital including loss of principal. Past performance is not indicative of future results. Always understand the RISK before you trade.
Category: Professor's Comments