The Velocity Shares Daily 2x VIX Short-Term ETN (NASDAQ:TVIX) ran from $86.50 to a high of $1,000. Of course, plenty of patience is required at the moment.We must also remember that crisis often leads to big opportunity.
And today I'm revealing my next potential 1,000% winner for free, right here.Eric Fry is an award-winning stock picker with numerous "10-bagger" calls -- in good markets AND bad.
Now he has a surprising new prediction for 2020.Novel coronavirus fear spiralled out of control. The CBOE Volatility Index, or VIX, is a real-time market index representing the market's expectations for volatility over the coming 30 days. Baron Rothschild also teaches us to "buy the blood in the streets." Please select from the links below for VIX historical data: VIX data for 2004 to present (Updated Daily) * VIX data for 1990 - 2003 * With a good chunk of fear firmly priced into the market, the SVXY ETF could refill a bearish gap around $66, near-term.
For example, the ProShares VIX Short-Term Futures ETF (NYSEARCA:VIXY) soared nearly 500% in a matter of days.A gain of that size can come in handy during a stock market selloff. The whole thing might turn out fine. This ETF was designed to offer one half the inverse of the S&P 500 VIX Short-Term Futures Index, daily. Schools closed for the year. Even the iPath S&P 500 VIX Short-Term Futures (AMEX:VXX) ran from $21 to a high of $78.84.Though, at some point, volatility will begin to fall.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Penny Stocks To Buy with Massive Upside Potential When that happens, you want to be well positioned to make money from that, too. Or perhaps the Nasdaq, like most Americans, got so sick of sheltering in place that it decided to go outside and run around for a bit.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhatever the reason, the stock market rally has become a delight to most investors recently. At the moment, it's up to $202 and could refill a bearish gap around $230 a share with patience.The beauty of the QQQ ETF is that it offers more for less. All thanks to a global pandemic that has now affected more than 400,000 people just in the U.S. Even professional investors struggle to do it well.Hedge No. But be forewarned, when the stock market is rising, these securities produce investment results that range from bad to horrible.Prior to the March selloff, each of the securities in the table had tumbled more than 60% during the preceding 12 months.That's what happens when you bet on falling share prices … and they go up instead.These vehicles are not for the faint of heart. At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
It seeks -1x the returns of the S&P 500 VIX Mid-Term Futures for a single day. Find the latest ProShares Short VIX Short Term (SVXY) stock quote, history, news and other vital information to help you with your stock trading and investing. If you're genuinely worried about the prospect of a selloff, sell some of your stock holdings. 7 - buying "volatility" ETFs or ETNs that bet on rising volatility - provides an interesting way to hedge a portfolio because they rise in price whenever the stock market falls.The mechanism behind these ETFs is a bit complicated, so let me try to simplify it a bit. Along with the VIX, it was designed to track the changes in expectations for one month in the future.At the moment, the ETF trades around $32 after diving from a high of $67.50. These range from highly popular investments, such as domestic stocks and precious metals, to more specialized trades used by a smaller community of sophisticated investors.He called bottom of stocks in '09, and recommended AMZN before it soared an extraordinary 1,800%.
But a word of warning -- some of these funds intend to match the daily results of the index, and holding them long-term can introduce its own volatility.