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News about: “iPATH S&P 500 VIX Short-Term Futures ETN (NYSEARCA:VXX)”
U.S. budget and debt ceiling debates will generate market choppiness.
Volatility has historically shown to be a mean-reverting asset class.
There are attractive short- and medium-VIX futures opportunities ahead.
There are short possibilities with short and medium-term VIX futures.
I plan to short VIX mid-term futures in the months ahead.
The spread between short-term and mid-term VIX futures is alluring.
Though the fiscal cliff drama is over, investors remain cautious.
There’s a chance the US will fall into recession next year.