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Underperforming AND looks overbought to me. Nope.
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Speculation on its technical.
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Love betting against the leveraged ETFs, these guys degrade with time, plus, I'm long-term bullish on semis.
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short ETFs are all terrible
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This kind of triple ETF will always underperform over the long run due to the way it is constructed. Note: I am not saying you cannot make any money holding this ETF, just that over a prolonged time it will lose money. I have now harvested positive scores on a 3x ETF and its inverse 32 times, yielding 569 points and 57 for 57 on my accuracy (7 times my harvested score was positive, but dropped below the magic +5 number).
Recs
Big Stinky Bear. Then they gonna shoot down Ben's Heli and burn the money, before he can get it to all his banker buddies. It's for True Im telling you.
Recs
When you look at the internal costs and statistics of these leveraged instruments, they must all underperform the market over time. If I could, I would short them in real life.
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bullishbabo
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bullishbabo
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Semiconductors went up big and will come down big
Recs
no grow
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Results 1 - 11 of 11