
2x Long VIX Futures ETF (UVIX)
Company News
The article suggests that the stock market may be showing signs of a potential reversal, with low volatility, rising implied volatility, and wider credit spreads occurring simultaneously with higher stock prices, which is an unusual combination that could signal the market has limited upside potential.
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After recording a tumultuous week due to higher oil prices and less chances of imminent Fed rate cuts, Wall Street celebrated a triumph on Friday as tech stocks led a rally.
I wouldn't be caught dead holding this ETF for the long term.
We performed a screening of leveraged ETFs to determine what funds had the largest positive and negative returns on the week, according to data from etfdb.com. Winners 2x Long VIX Futures ETF (BATS:UVIX) UVIX is up 24.77% over the trailing week. The 2x Long VIX Futures ETF seeks to provide daily investment results, before fees and expenses, that ...