Saturday, February 28, 2015

XIV is a buy

XIV, the inverse volatility index ETF, is a buy now, and it has been a good stock since the second week in February when the stock price crossed over the 20 day EMA line.  Buying volume has also been good in the last three weeks.  Even while the stock market is not making huge gains, it has also been relatively calm.  This is why XIV remains a good trade.  There is not any really bad news to send stocks down.  Take a look at the Yahoo chart below, and click on it to expand it.  As long as XIV stays above the 20 day EMA, it should be held.  Sell the stock whenever it drops below the EMA line.


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