+ Watch SPXS
on My Watchlist
Long term the expenses will eat this alive.
I think that some of the large-caps are still undervalued, or at best fairly valued. 3X bear funds are long-term losers even if only based on inflation.
3x leverage is triple fees bleeding you dry
Getting killed on technical direction of market, I call bullsh*t.
US Large Cap is where I want to be right now.
Not saying doom and glom, just saying correction possible.
Ultra's costs make them bad investments
Because I'm getting in a bearish mood, and that's what this stock is all about.
Following TMFBabo's lead and my own feeling that the markets will generally rise through the national election... no other analysis done.
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 28 times, yielding 490 points and 50 for 50 on my accuracy (6 times my harvested score was positive, but dropped below the magic +5 number).
following the leader
Following the rest of the fools.
Following my fellow fool's!
3x large cap bear ETFunderperform reason: shorting the ultrashorts long term == free CAPS points.
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.
Market is topping, will break down a few percent, which will send this ETF up for a quick peak.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions