Big earning this week AAPL on Tues Fb on Wed and Amazon on Thursday According to the street each of these 3 should pass this last quarter with flying colors....we all know Amazon had record Xmas sales....we all know Apple sold a bunch of phones for the holiday quarter and had record breaking app sales....and for fb well we all know all that fake news got them plenty of eyes on their advertising ads. So all 3 should have no problem beating those low balled estimates that analysts love to predict.....
I'm capitilaized enough for futures but don't trade them...only equities. Figure how can I lose with TNA when the markets only go in one direction..... Up I bought TNA back in August 2015 around 90. Watched it dip to $35 still held on and sold it a couple of .months ago after it rallied all the way back up....also bought SOXL and held through the feb 2016 dip...today its 65+ a share....seems even if you buy these bull 3x etfs and hold long enough its like guaranteed money....as long as the markets rally which from now until 2020 everyone thinks the markets will rally huge on Trump's pro business agenda. So how can you lose buying bull 3x etfs .....
Those 3X ETF's lose exponentially to the sq root of time vs the futures. The longer you hold them, the more they underperform futures. Do you not understand that. A simple excel spreadsheet would benefit you greatly.
Too damn funny...yep that's the excuse why the Dow is off 200+ points... Stocks extend losses, Dow sheds 200 points amid concerns over Trump's immigration policies Fred Imbert | @foimbert 12 Mins AgoCNBC.com http://www.cnbc.com/2017/01/30/us-markets.html
Funny how Trump is one the most hated Presidents in history yet wallstreet LOVES him!!!!!! It took 3 years for George W. Bush to hit 50% disapproval. Trump is there after 8 days. Jacob Gardenswartz 3 Mins Ago http://www.cnbc.com/2017/01/30/pols...disapproval-faster-than-any-modern-potus.html
If you shorted them and hedged with futures with low enough borrowing cost, yes. I doubt your borrowing cost is low enough.