Forget the VIX, what about the VXX?

Investing Ideas (4)

While all eyes are watching the VIX take a swan dive this morning, I failed to hear any chatter about the VIX ETN, VXX. Though admittedly not as sexy or as volatile as its index counterpart, VXX still managed to fall over 40% from its February high on the way to
making a new all-time intraday low of 71.96 today, before rallying late in the session to finish the day with a gain of 1.32% and a close of 77.38.

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