The ProShares Ultra VIX Short-Term Futures ETF, known as UVXY, offers investors exposure to the S&P 500 VIX Short-Term Futures Index. Managed by ProShare Capital Management, this ETF aims to amplify the daily performance of the index by 1.5 times through investments in derivatives and volatile large-cap stocks, primarily in the United States. Launched in 2011, UVXY is a tool for those looking to invest in market volatility.
If you bought ProShares Ultra VIX Short-Term Futures ETF (CBOE:UVXY) a year ago hoping to ride the next panic, your account tells the story the marketing won’t. A $10,000 stake on June…
Live Updates Markets Red on Hot PPI Data9:44am ETMarkets opened in the red after July’s wholesale inflation numbers came in hotter than expected. A day after CPI raised hopes for an interest…
ThinkstockSome of the biggest business stories of the past year drew the most Internet search traffic to the newsmakers, which is really no big surprise. Whether just for curiosity or for help…
The Volatility Index, or ‘The VIX’ per traders, is signaling not just a lack of volatility. The lack of volatility has migrated to outright complacency. When the VIX gets very low, readings…
