Volatility Indicator Beckons Caution

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  • Brian Robertson Nov 6, 2019 @ 0:11

    Hello, Rick. The Hidden Pivot Method tells you, and us, that the VXX appears to have nowhere to go but up. Yet, the HPM is not infallible (in other words, you wouldn’t recommend, just now, backing up the truck to buy calls, for example). So, although, of course, eventually the VXX will rise, how much would it have to fall for you to revise your near term expectations? Is your crystal ball telling you that pull back, or as much as a correction, in the S&P’s is likely to come by Thanksgiving?

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    Might I suggest that you subscribe to Rick’s Picks as soon as possible? The answers you seek are the substance of what paying subscribers get each day. RA