It was another negative week for the 2x lev' bullish VIX instruments of TVIX and UVXY, with net weekly declines of -5.0% and -6.2% respectively. The VIX is set to remain broadly subdued into end year - as some equity indexes look on track to break new historic highs.
*first, an update on the VIX, which saw a net weekly decline of -2.3%
As for TVIX/UVXY... there is the usual issue of statistical decay, as equities saw a fair bit of price chop.
*I have ZERO interest in being long the VIX until late spring 2016... at the earliest.