As for positions in VXX or UVXY that are meant to be longer term (meaning other than the trading portfolio), I'm leaving those in place, just taking gains on the call position, as you know I don't like to be in these long and on any pullback I can reestablish the position at a better price.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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