CBOE volatility index (VIX) – RICH TV LIVE

CBOE volatility index (VIX) – RICH TV LIVE – May 10, 2022 – #cboe #vix #richtvlive #money #business #news #finance #stockmarket #stocks #trading #investing #richtv #rich #sell

Hey guys how you doing this is your boy rich from rich tv live and rich tv dot io and ecosystem built by investors for investors and today i want to talk to you about the fact that we are in a bear market we’ve really been in a bear market for 14 months you can clearly look at the charts and see that the stock market’s been kind of down or sideways since

February of last year so i’m not really surprised about where we are in the market cryptocurrency also in a bear market a lot of people forget that five days ago bitcoin was at 40k and now bitcoin has been flirting with 30k so down 25 in five days so the markets are going down cryptos are going down so yesterday i’m getting phone calls all over the place

Rich you got to start to short rich you need to start short rich well i don’t like the short shorting is inherently risky a very small percentage of the market actually successfully can short and win because if you short something and it goes up you can lose everything you can lose more than you have so shorting is huge huge huge risk so what i would do

Instead is i would consider using the cboe volatility index the vix you can short the market by buying the vix if you think that the market’s going to continue to sell off which it has been really for now close to 15 months when the market goes back up and has a relief rally like we’ve had today that is the time to start thinking about buying the vix and

In my opinion we’re gonna go through the video i’m gonna show you the zones that i would consider buying the vix now when people start saying it’s time to short the market it’s probably already too late so chances are this is not a really good time to short the market everything is really down so it would have been good to short the market when everything

Was up and then you could have made money on the way down now that everything is down we could definitely go lower so i’m not saying you can’t go lower but i believe that we’re kind of near a bottom so i would wait for the market to rally go back up and if we get the dow jones back to 35 36 k dow that’s where i would be looking to position myself in the

Vix expecting that the market’s going to go back down again and you make the money on the way down with the dow jones at 36 all the way down to 32 but with the dow jones now at 32 and at 52 week lows how much lower can we go from here that’s really the question that everyone’s trying to figure out so in today’s video i want to talk to you about how to make

Money in a red market how to make money in a down market how to make money using volatility without shorting because shorting is extremely risky you can actually buy the vix and make money in a down market and let’s take a look at this video and explain exactly how we do it don’t touch that dial make sure you subscribe for future updates and if you like these

Videos please smash the like button comment down below let’s take a look at the vix and the chart shall we hey guys how you doing this is rich from rich tv live and i’ve been getting calls non-stop uh from investors saying what do we do rich the market is crashing what do we do how do we make money in this down market so i want to make sure that everybody

Understands that you know everyone’s saying to me we should be shorting and i’m like well shorting isn’t something that’s easy it’s also not something that i really like to do and it’s something that very few people are doing and by the time people decide that they want to short just like how people like to decide that they want to buy it’s already too late

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And typically by people buy things at the top and people short things at the bottom because the market is not that easy and by the time everybody decides that something is high or something’s low it’s usually too late so i want to talk about the vix the volatility index so one of the reasons why i don’t like to short and why i don’t short is that shorting

Is inherently risky and if you get short squeezed and you short something and it goes up on you which the market has been up for 13 years before this year so we’ve seen a lot of shorters get absolutely annihilated and literally go out of business especially when we had mania last year with gamestop and amc a lot of shorters literally got short squeezed and

Got put right out of business so i don’t like to short because it puts a huge amount of risk on your portfolio and your assets but if you’re looking to make money on a down market one of the best ways to do it is with the vix so you can see here with the vix in june of 2021 it was at 14 yesterday it hit right around 35 it’s sitting right now today because

The market is green again having a relief rally you can see that the vix today is up is down five percent so when the market goes up and strong the vix will typically go down and if the market goes down because the market is weak the vix will typically go up so you can see here if we actually zoom in to the one month how it has really jumped here so this is

To me uh like i when i look at this i get a little bit concerned because when people are like oh short the market i’m sitting here thinking the market’s already made its move what do you mean short the market like the market’s already made its move now not to say the market can’t go lower anything’s possible but i just don’t know if that’s in the cards

Because look at this move in the vix like the vix made this big move up here from 1999 and yesterday it was right around 35. so it’s made this big move up so wasn’t that the time to short wasn’t that the time to buy the vix when it was at this level and look with the date april 22nd and today is may 10th so only three weeks ago it was at 20 and it goes up

You know from 20 to 35 essentially which is like 75 in three weeks that was the move to short now which is what i was being told yesterday and i didn’t agree with it because all the indicators were telling me that the market was heavily oversold it was too late to short at that point and clearly you can see the markets having a relief rally and had you bought

The vix today or yesterday when it was at its high of 35 you’d be down 6 today so with investing timing is everything so if you wanted to buy the vix the way i would do it is i would wait for a day like today when everything is green and that’s when i would buy it now because you can see this has clearly made this move up and it’s doing just a little pullback

Here i don’t think this is the time to buy the vix but that’s just me right that’s just me now i’ll take a look at a chart and i’ll look at the one-year chart and the one-year chart tells me a story that you know this has come down when the market’s been hot you know very aggressively so you have to be really careful and spin is down as high as 14. so if you

Buy this right now thinking the market’s going to continue to go down you could take a huge amount of risk because we’ve seen this go down to 14 and if it goes back to 14 your investment’s gonna get crushed now the reason why i like the vix is that you don’t actually have to worry about getting short squeezed because this is a stock so because this is a stock

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That you can buy and hold if it goes down to 14 you can literally hold it and then if the market crashes again and rips back up to 35 you can sell without ever having any concern of being short squeezed and losing your entire account so that’s why i’d rather buy a stock that is but i don’t want to buy it at these prices i want to make that very clear where

I’d be looking to buy this would be at 20 or less so if this goes to 20 or less that’s in the zone where i’d be thinking about positioning myself and that’s how i would treat this but this is a stock you don’t have to worry about getting short squeezed and if you think that the market’s going to continue to go down like it has been uh really for the last

14 months we’ve been sideways or down and that’s why you see the vix is high it’s near the top right look at the vix the highest it’s been was at 39 in january right and you can see it’s been as high as 37 um but for the most part when it gets to this level it goes down so that tells me that the market right now is near a bottom but the question is will it

Continue to go lower or does it bounce from here today it bounced from here so that is a really good sign that the market is having a relief rally so far today and if that continues that’s a good sign to show that the market isn’t going to continue to go lower maybe won’t go into a recession maybe we won’t go into a depression but we will be able to bounce

From here so i’m not telling anyone to buy the vix the reason why i’m making this video and the reason why we want everyone to join us at richtv.io and richpixdaily.com is so that we can teach you guys how to have good investing strategies and how to make money in every single market and there is opportunities in every market and this is a tool that you can

Use to really arm yourself and you can go to richtv.io join our trading community and we’ve got chat rooms that we are building and we want you to go into those rooms and talk with other members about these trade ideas and give your opinions about what you think is going to happen in the market so that we can as a community and ecosystem come up to a good

Decision but the reason why i like this is if the market does continue to go down if you believe the market will continue to be going down you can buy the vix and you can make money on a down market this is a way to hedge your bets this is a way to make money in a down market this is a way to uh make money where there is nowhere to make money like yesterday

Was a 90 day where like 90 percent of stocks were down yesterday and cryptocurrencies it was considered a 90 day one of the five worst days in the history of the stock market and i felt like we’d have a relief rally today and we did so it’s really good sign to see that now will that continue i’m not sure it’s going to be a really long summer so i wanted to

Arm everyone with the tool that can make the money in a red market and i think that the vix is a great tool it had a huge day yesterday when the market was deep red the vix was up 15 yesterday now the market is having a relief rally today the market is deep green and the vix is down six percent so this is a tool that you can use in a red market obviously the

Market is green today you can see it’s down six percent and it looks like it’s going to continue to go down on the daily because it looks as though we’re having a very strong relief rally today so love to know your opinion on this do you own the vix do you buy the vix do you trade the vix this has been actually one of the better trades all year and if we go

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To let’s say the six month you can clearly see how it’s made these huge moves up and down up and down up and down up and down because we’ve been in a very choppy market we’ve been in a very choppy market for about 15 14 15 months now where the market literally just goes up and then it comes down and then it goes up and then it comes down so if you’re going

To short you want to really short when the market is up and the market’s not really up today this is just a relief rally um i wouldn’t be thinking that this is the sign that you know you should be buying up i think that we are near a bottom you can see that on the chart uh so we’re near a bottom so things could definitely bounce from here and they are today

However we’re in may and typically the summer time is the slowest time for the stock market so june july august i think the next 120 days are going to be really tough i think that we will have a rally between september and december we typically always do it would be very historic if we didn’t but if if history repeats itself these next three and a half to

Four months may june july and august are going to be really choppy liquidity will probably dry up and slow down and there’s going to be a lot of volatility and i just don’t see what is going to be the momentum for the market so that’s why i believe if you’re looking to make money on a down market the vix is a great tool i think everyone should consider using

It i just think right now it’s too high so i wouldn’t buy it now but if it gets to that 20 mark or lower uh which would probably mean that the dow jones is at like 34 35 36 k down we had a big rally that’s when i would buy the vix when everything goes back up and then when everything goes down you’re going to be making money on the vix going up but i would

Be looking at getting it at around 20 or less if it goes down to that zone that would be my signal that hey maybe the market’s going to go down again because we’re in this tough environment high inflation the fed is going to be increasing interest rates in canada in the united states so that puts a lot of pressure on the markets and you can see the market is

Having this really choppy movement and everyone’s asking me should we be shorting and i don’t like to short but if i’m going to make money on the market going down i will buy the vix i’m just not buying it right now because i feel like it’s too high and i think that we need to see the vix come down to 20 or less and then i would consider buying it and if i

Buy it i will let you guys know thank you guys for watching if you’re not winning probably not watching we bring you the winners we bring you the analysis and we bring it to you first what do you think about the vix is this something you’re planning on using is this a tool that you’re going to use against a down market left to know comment on the video and

We will create a chat room for the vix after this video as well that we will post on rich tv.io love to have you join that chat room talk about it and let us know if you’re using this tool it’s your boy rich mr live and richpixdaily.org richpixdaily.com and rich tv dot io and i’m out you

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CBOE volatility index (VIX) – RICH TV LIVE By RICH TV LIVE

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