Thursday, February 12, 2015

XIV Kicks Into Sync...02.12.15

Apparent Russia-Ukraine ceasefire and on-going hope for a Greek bailout goosed the markets today and the big tehnical news was the behavior of XIV, which finally assumed its beta position relative to SPY and UPRO that has been missing for over a month.(see below).  If the paradigm can hold together there's potentially huge gains ahead for XIV positions.  Of course. things could fall apart quickly in the face of discouraging news but at least we've taken one step forward.