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Closed Position at a Loss, S&P 500 VIX ETF (VXX)

We closed our hedge position, iPath S&P 500 VIX ETN (VXX) at a loss and above the stop loss level.
We took this position last week, in the event of a higher-volatility event around the U.S. Presidential election.
The election was decided very early overnight into Wednesday morning and we closed this out at the market open.
Members can see our position holdings and activity here: Open Positions – Blue Chip Daily Trend Report

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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