One Security to Save us All - iPath S&P 500 VIX ST Futures (NYSE: VXX)
In anticipation of market turmoil and volatility, I sought a security to survive the storm. The iPath S&P 500 VIX ST Futures (NYSE: VXX) is just what the doctor ordered to hedge portfolios against a downturn now. On occasion, it can also serve the most morbid of investors to enjoy capital appreciation while most investments are being slaughtered. This appears to be just such an occasion, as I see risk of a 10% or greater market correction heightened from here through October. See the full report on the one security to save us all.
Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.
Sector Security
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Wednesday Midday 8-12-15
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iPath S&P 500 VIX ST Futures (NYSE: VXX)
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+5.4%
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SPDR S&P 500 (NYSE: SPY)
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-0.9%
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SPDR Dow Jones (NYSE: DIA)
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-1.1%
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PowerShares QQQ (Nasdaq: QQQ)
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-1.1%
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iShares Russell 2000 (NYSE: IWM)
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-1.3%
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Vanguard Total Stock Market (NYSE: VTI)
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-1.0%
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PowerShares DB US Dollar Bullish (NYSE: UUP)
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-1.2%
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SPDR Gold Trust (NYSE: GLD)
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+1.3%
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iShares 20+ Year Treasury Bond ETF (NYSE: TLT)
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+0.4%
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Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.
Labels: Editors_Picks, Editors-Picks-2015-Q3, ETF, ETF-2015, Insightful, Market-Outlook, Market-Outlook-2015-Q3, Prescient, VXX
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