Curious Jzwu2017, I think SVXY is only 50% of the VIX, whereas UVXY is like 150% of the VIX. Or something like that. Why ever trade SVXY, why not just trade UVXY (in opposite directions obviously) and get like 300% of the movement you would get with SVXY? Thanks!
I own stock in Citi (C)...It's funny how Warren Buffett can move a stock!! It's up over 7.5% today...
TARK is a great example of how ETFs have evolved from the ridiculous to the sublime. Same for SARK. It’s stupid . And for the average investor (not most here) it’s dangerous. JMHO
I don't think TARK is more ridiculous than FNGU (3X FANG+ Index). I guess you could say a leveraged instrument shouldn't be based on an actively managed ETF but I get the feeling people have accepted that ARKK is like an asset class to itself -- essentially high revenue growth disruptors. A lot of the companies in ARKK & ARKG are really late stage VC companies with revenue but no real prospect near term profitability.
Agree on FANG X 3. These ETFs should be like private equity. Accredited investors and certified qualified traders (using some system) only.
%% SPXS, SPXU, some cash ETFs, maybe SPYG\ or maybe nothin leveraged /LOL on upside, this month.................................................. SO little follow thru on SPXL,UPR0, may or may not do it again,MAY