Posts Tagged ‘Leveraged ETFs’
Utilities and Gold Miners
I didn’t do a blog post yesterday, but I closed my inverse etfs around 12:30 or so/tweeted, then closed my index fund shorts at 4pm and took a minor long position in RUT and NDX. I closed that long today. I figured (see the 30min chart with buy signals) we would break the pattern of …
ProShares Files To Create 94 3x leveraged ETFs
So ProShares needs to create some 3x etfs of their own to compete with Direxion. I would personally love to see some of these 3x emerging markets etfs, such as Brazil. Check it out
The Good, The Bad, The Ugly
The Good: I was heavily short heading into today in the leveraged funds SPX and RUT and gained more than 4% in both of those puppies. Luckily I was locked into this trade until the close. Being long SRS, FAZ, TZA and being short HIG and QLD at the open. I can’t remember what was …
3x Triple Leveraged ETFs
Direxion funds has thrown their hat into the leveraged ETF arena. They have released the following 3x leveraged ETFs. If you don’t know how these work in a nutshell you take a current Index price and in this case, triple the performance of that day whether its a gain or loss that day. ie If …
What A Week So Far
What a week! I don’t mean good either. I went long heavily on Friday and what a bad time to do that. Since then my leveraged ETFs took losses of 17-19%. My QLD calls dropped by 75%. However, I sold out today of the leveraged ETFs and am in 100% cash in that portion of …

