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iPath S&P 500 VIX Short-Term Futures ETN (VXX) could be a great addition to your portfolio

What’s up with iPath S&P 500 VIX Short-Term Futures ETN?

iPath S&P 500 VIX Short-Term Futures ETN (VXX) opened at $41.10, which means the stock is up 10.03% from yesterday’s closing price of 37.87. Today, the company has a high of $42.07 and a low of $40.31. The company has a market cap of $798.25 million with a 52-week high of $78.84 and a 52-week low of $13.15.

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What about the future for iPath S&P 500 VIX Short-Term Futures ETN

The high forecast for iPath S&P 500 VIX Short-Term Futures ETN is 90.00 while the low is 70.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. iPath S&P 500 VIX Short-Term Futures ETN has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future.. Based on this information VXX seems to be a safe buy.

About iPath S&P 500 VIX Short-Term Futures ETN
For the most part, VXX trades like a stock. It can be bought, sold, or sold short anytime the market is open, including pre-market and after-market time periods. With an average daily volume of 30 million shares, its liquidity is excellent and the bid/ask spreads are a penny.

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