This is screwy -- it looks like my order didn't go through the first time. Ordered the watches again -- now receive e-mail and everything. But delivery is JUNE. That is going to be late for my wife's bd!
Still no confirmation e-mail and can't check order status online: "We're Sorry. Something went wrong with your request. Please try again later."
Tried direct link and purchased 2 watches. Delivery May 13-27. As a customer -- disappointed. As a shareholder thrilled.
RUSS is better tied to RTS index, not MICEX. MICEX is in rubles, while RTS is in dollars. Did you notice ruble/dollar going from 63 to 53? Tripple that and you have 55% drop, which is what you did see in RUSS. On top of that MICEX was growing as well -- thus it is a perfect storm.
I think what triggered this was the fact that brent stopped dropping, so people think the $50-$60 price is here to stay.
Anybody doubts decay in a 3x leveraged etf? Decay and leverage go hand in hand -- just an unavoidable nature of this type of instrument. Can't beat basic math: down 50% and then up 50% is not going to get you back to where you started - you are still going to be 25% down. Repeat many times -- and that is what we call "decay" :(
But this week is exactly what is going to be reported on 3/26. The week that ends today. Report after that is going to be for the upcoming week and I am not sure what is the weather going to be in the upcoming week exactly.
I wouldn't be so sure about next week. Injection this week for sure imho, but next week is not certain at all. Could go either way.