UVIX getting totally slaughtered. -13% today ( again ), -88.5% ytd. You'd have to be a fool to repetitively recommend this as a long trade.
%% I cut a loss on sqqq this week/ uptrends doing much better, now above + close above/ 200 day moving average /.....................................................................................
What these etfs have done : UVXY -29.2% one month, -83.2% ytd UVIX - 38.8%, -92.7% ytd SQQQ -13.6%, -70.5% ytd Don't be fooled by "experts" pretending they make money buying these etfs.
%% Strictly a short term trade QID, PSQ.....................; usually near a better longs exit like QLD. Or QQQ+ spy