Advanced Trade: VIX Short-Term Futures

Bank earnings were not enough to keep the rally going in those stocks. While more earnings are to come, we did not get a blowout upside for the banking sector. They were good enough to keep VIX in check. We are about to clock in another sub-10 close for 2017 in the big volatility index. That is generally bad for the volatility products, namely the Ultra VIX Short-Term Futures ETN (UVXY) .

UVXY has reverse-split multiple times since inception. ProShares has UVXY 4-1 reverse splitting on Monday. Normally a stock split is cause for joy, but not in this case as UVXY is down over 90% since inception....74 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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