When excess fear seems to be in the market, opportunities can crop up. Of late the VIX index (fear trade) remained elevated for a good period of time. The “Anti” fear trade is owning VelocityShares Daily Inverse VIX (NASDAQ:XIV). Recently I shared with Members that XIV looked to be on support and creating positive patterns.
XIV looks to be breaking above this bullish falling channel, and the 'sky is falling' crowd is shrinking.
Full Disclosure: Premium members own XIV.