The stock market will sell off. UVXY stock is ready to take off and with inflation numbers coming in next week, this is a likely scenario as the VIX has hit lows not seen in some time. UVXY stock is a VIX stock derivative. If you like trading volatility, I show how to trade the VIX and how to trade volatility. UVXY stock has a lot of extra juice in its tank and as The VIX spikes higher, UVXY stock will move much higher also. Look for a big move higher in UVIX stock as the VIX moves upward on increased volatility as the S&P500 starts to rattle some as fears of more interest rate increases push the Fed to raise interest rates, as the S&P500 falls more and more, and The VIX spikes higher. I am placing a 2-week trade long calls on UVXY stock.
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