SVXY

Unfortunately, no one can be told what the contango is. You have to see it for yourself.

Volatility + leveraged ETFs. Not investment advice.

[SVXY @superdvr]

$SVXY (-0.5x VIX) returned 49% in 2021. 8% was due to lower $VX futures; 41% was due to rolls.

$VXX (+1x VIX) returned -72% in 2021. -16% was due to lower $VX futures; -56% was due to rolls.

$VIX #volatility

[SVXY @superdvr]

@Brink_Thinker Both!!!

[SVXY @superdvr]

"I don’t care what’s causing inflation, it’s too high, it’s my job to get it down,” #Fed Governor Waller said on 6/18 as reported by Bloomberg. Really, no matter what the cause is? Killing demand blindly is not going to solve supply shortage problems.

[SVXY @superdvr]

Headlines next week given today's #CPI release

"Fed raises rates by 75 bps unexpectedly, hinting 100 bps hikes on the table in July and September".

[Gregory Daco @GregDaco]

#Powell on the dot plot:

- Not an FOMC forecast
- Not a commitment
- Not a plan
- No committee discussion on dot plots
- Highly premature to discuss liftoff
- Dots are not a great forecaster of future rate
- There is no “great forecaster”

[Heather Long @byHeatherLong]

Wow.

Fed Chair Powell says the real unemployment rate right now is "close to 10%" -->same level as the WORST point of Great Recession.

"We are still very far from a strong labor market whose benefits are broadly shared," Powell says as he vows to keep interest rates low.

[SVXY @superdvr]

Direxion announced forward split of following leveraged ETFs effective 3/1/21:

$SOXL 15 for 1
$TECL 10 for 1
$HIBL 7 for 1

[SVXY @superdvr]

Best performing S&P sectors of 2020:
IT: +43.9%
Consumer discretionary: +33.3%

Worst performing S&P sectors of 2020:
Energy: -33.7%
Real estate: -2.2%

$SPX $SPY $ES

[SVXY @superdvr]

Best performing large leveraged ETFs of 2020:

FNGU: +379%
TQQQ: +110%
QLD: +89%
SOXL: +70%
TECL: +69%

[SVXY @superdvr]

VXX (1x VIX) returned +11% in 2020. +57% was due to higher $VX futures curve; -46% was mostly due to beta slippage from rolls.

UVXY (1.5x VIX) returned -17% in 2020 despite +85% (leveraged) higher $VX futures curve.

TVIXF (2x VIX) returned -50%.

$VIX $VXX $UVXY $TVIXF $SVXY

[SVXY @superdvr]

SVXY (-0.5x VIX) returned -37% in 2020. -28% was due to higher $VX futures curve; -8% was due to rolls (backwardation likely overwhelmed contango).

$VIX $VXX $UVXY $TVIXF $SVXY #volatility

[SVXY @superdvr]

Ya sabes, siempre están destinados a estar juntos! #TopoChico #CocaCola

[SVXY @superdvr]

Remember the debate on which inning the economy was in? Well, we are in the 1st inning now. #CoronaLockdown #spx

[SVXY @superdvr]

Stunned and speechless (and feel like a complete idiot) that we've arrived at an all-time high $VIX and how quickly the Dow lost 9,000 points. Is #coronavirus more damaging than the 2008 GFC??

If $SVXY hadn't deleveraged in '08, it would've been obliterated days ago.

[SVXY @superdvr]

@dynamicvol Cheap beta combined with an income strategy or option strategy. e.g. Futures overlay with short duration diversified credit.

[SVXY @superdvr]

@charliebilello Long Treasuries $TLT: +9%

[SVXY @superdvr]

@AndrewThrasher Maybe more precisely it is not "if" but rather "how much". e.g. Trade deal optimism and a friendly Fed are now largely priced in, many would say.

[SVXY @superdvr]

Uncanny how fast the pendulum swung to the other side

[Andrew Thrasher, CMT @AndrewThrasher]

Yesterday was the lowest close in Volatility of the VIX ($VVIX) since May 2015. $VIX $SPX

[SVXY @superdvr]

@spectatorindex This counts goods only, not including services. US services export was $800B.

[SVXY @superdvr]

@Vol__Trader @VixCentral I hear ya. Positive roll yield for longs, negative for shorts.