Even though the major indexes were soaring today, with the S&P 500 up 1.08% and the Dow up 1.19%, volatility could be around the corner with the VIX showing higher lowers on the monthly chart.
Buying XIV or SVXY right after the VIX has spiked can yield nice returns, as long as you are not borrowing money to make the trade. It's wise to only allocate 10-15% of your portfolio to riskier trades like this.
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