Novice Trade: SPY

With the S&P 500 down 2 right now the VIX is up 1.33. While it probably got a little oversold on Friday, I think it's completely overbought today, so I would be adding to a iPath S&P 500 VIX ST Futures ETN (VXX) position I have on.

In addition, I believe markets are lined up for a rally on CPI (Consumer Price Index) data tomorrow. If we get a combo of Larry Kudlow as NEC director and in-line CPI, markets could be off to the races....73 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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