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VInvesting posted an update 8 years, 10 months ago
The Hot Stock of the Day for Wednesday, June 29th, 2016 is Credit Suisse AG – VelocityShares Daily 2x VIX Short Term ETN (NASDAQ:TVIX). VerifiedInvesting.com’s proprietary algorithm has picked up a significant increase in Verified Trader chatter. The ETF closed on Tuesday, June 28th, 2016 at $2.56. The 256% increase in chatter from Verified Traders revolves around buying the ETF if and only if it falls below $2.00. TVIX is an ETF that tracks the price action of the short term VIX (Volatility Index). The Volatility Index generally falls when the market rallies and pops when the market falls. Verified Traders waiting for the TVIX to fall below $2.00 is a likely event in the next few days. With the July 4th holiday approaching, it is possible it may reach this level by Friday. Verified Traders generally favor a market float into the weekend then a resumption of hard selling next week. This would mean the TVIX would likely fall into the weekend then rally sharply next week. Ultimately, with VerifiedInvesting.com’s unparalleled access to thousands of Pro Traders, gathering amazing information from the best traders in the world is easy and profitable. This platform gives high percentage trades to investors that want to look for general consensus from the best Verified best