Market Overview

ICYMI: The Inverse VIX ETN Bloodbath

Share:
ICYMI: The Inverse VIX ETN Bloodbath
Related XIV
Buyer Beware: 5 ETNs To Play The Return Of Market Volatility
One Crazy Week In The Stock Market
Banking Legend's Warning (Seeking Alpha)
Related CS
A Concerning Weakness In Bank Stocks
How Deutsche Bank's Performance Has Ranked Since The Fed Began Controlling Hiring, Risk-Taking

In case you missed it, here are some of Benzinga's top stories from Tuesday, February 6th, 2018.

The Inverse Volatility ETN Everyone’s Talking About

Todd Shriber examines the tumble taken by VelocityShares Daily Inverse VIX Short-Term ETN (NASDAQ: XIV). Check out “It's Going To Be A Wild Day For XIV, The Credit Suisse Volatility ETN.”

Speaking of the XIV, a product of Credit Suisse Group (NYSE: CS), turns out its precipitous decline triggered an “acceleration event.” If you’re curious to learn what means, read Wayne Duggan’s “Credit Suisse Will Liquidate The XIV Short-Term Volatility ETN.”

Related Link: What Is The VIX, And What Does It Do?

But the XIV isn’t the only inverse volatility fund at risk. Get the latest on the ProShares Trust II (NYSE: SVXY), VelocityShares Daily Inverse Vix Medium-Term ETN (NASDAQ: ZIV), and the UBS AG VelocityShares VIX Short Volatility Hedged ETN linked to the S&P 500 VIX Futures (NYSE: XIVH), as Wayne Duggan reports.

Oh Yeah, It’s Still Earnings Season

Cleanse your mental palate with some good old-fashioned earnings season news. Micron Technology, Inc (NASDAQ: MU) shares rose Tuesday after the company issued an improved outlook for Q2. See why KeyBanc analysts say the stock is too cheap to overlook in Jayson Derrick’s “Micron Lifts Q2 Guidance; KeyBanc Says Stock Is A Value Among Peers.”

Posted-In: BZ ICYMINews Previews After-Hours Center Markets Trading Ideas ETFs Best of Benzinga

 

Related Articles (CS + MU)

View Comments and Join the Discussion!

Cannabis Businesses Invest In The Midwest As Michigan's New Medical Marijuana Laws Take Effect

8 Stocks Moving In Tuesday's After-Hours Session