UVXY a volatility fund that has wrecked many accounts is set to do a reverse split next week on 1/12/2017. Since its inception, UVXY has reverse split six times, these funds typically split after a prolonged move higher in the market. The stock market has a tendency to move higher over time, so like every bearish indicator, strategy, etc., they work sometimes but fail a majority of the time. However, when you couple volatility fund reverse splits, a new administration, breadth deterioration, and above all else price action you can start to see what are the probabilities of the possibilities.
This Volatility Fund Is Going To Reverse Split, What Does It Mean
Click to Enlarge
Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at firstname.lastname@example.org or 646-480-7463.
We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills. If this is something you can relate to, then this blog is for you.This information is issued solely for informational and educational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. None of the information contained in this blog constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. From time to time, the content creator or its affiliates may hold positions or other interests in securities mentioned in this blog. The stocks presented are not to be considered a recommendation to buy any stock. This material does not take into account your particular investment objectives. Investors should consult their own financial or investment adviser before trading or acting upon any information provided. Past performance is not indicative of future results.