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Market Vectors Mortgage REIT Income ETF Message Board

nitrene 9 posts  |  Last Activity: Jul 17, 2015 12:31 PM Member since: May 9, 2002
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  • Reply to

    When 240 breaks

    by marketmaker5055 Jul 8, 2015 2:13 PM
    nitrene nitrene Jul 17, 2015 12:31 PM Flag

    Of course. Any leveraged ETF is only for trading. I am mainly a trader -- of course the difference between trader and investor is really just time.

    I've been long BIB since the end of 2012. I use leveraged ETFs as a means of reducing my cash outlays and invest the rest in utilities & REITs. Its a kind of consumer way to execute a carry trade.

    Everything is a trade in this economy since it only operates in bubbles. I would say that the last phase of this bull market is about to begin and when it ends in about 12-18 months even the biotechs will get killed.

    By the way I used work in PharmaIT for 20 years from 1992-2012. Unfortunately outsourcing and changes in the drug industry (ie: buying biotechs as a means of doing RnD) destroyed that industry.

    Sentiment: Buy

  • Reply to

    When 240 breaks

    by marketmaker5055 Jul 8, 2015 2:13 PM
    nitrene nitrene Jul 14, 2015 11:14 AM Flag

    Interesting there is also the BBP listed on the BioShares website. The problem is they all track each other -- they're all up about 38%-41% this year.

    Seems like you still get the most bang from your buck on LABU since it is 3X XBI.

    Sentiment: Buy

  • Reply to

    When 240 breaks

    by marketmaker5055 Jul 8, 2015 2:13 PM
    nitrene nitrene Jul 14, 2015 10:01 AM Flag

    There *should* be liquidity unless there is pandemonium on the street.

    I was in SKF (ProShares -2X XLF) during the Bear/Lehman collapses and there was plenty of liquidity until the regulators shut down shorts of the Financials so I was forced to exit but I already made like 75% on that trade.

    Sentiment: Buy

  • Reply to

    Only about $200 downside on this

    by fakephotodoomtard Jun 23, 2015 9:24 AM
    nitrene nitrene Jul 14, 2015 8:25 AM Flag

    Forgot to add that there is a 3X IBB -- it just came out a few weeks ago it is UBIO.

    3X IBB -- UBIO (ProShares)
    3X XBI -- LABU (Direxion)

    Sentiment: Buy

  • Reply to

    Only about $200 downside on this

    by fakephotodoomtard Jun 23, 2015 9:24 AM
    nitrene nitrene Jul 14, 2015 8:21 AM Flag

    BIB is the 2X of IBB. If you want the 3X of XBI it is LABU. I sold some of my BIB to buy LABU. I still own BIB as well as LABU.

    Sentiment: Buy

  • Reply to

    When 240 breaks

    by marketmaker5055 Jul 8, 2015 2:13 PM
    nitrene nitrene Jul 14, 2015 8:18 AM Flag

    If you guys want to trade the XBI with 3X leverage you can trade LABU (+3X) or LABD (-3X). Of course that will be very volatile.

    Sentiment: Buy

  • nitrene nitrene May 29, 2015 1:25 PM Flag

    The 3X XBI is finally here. LABU just came out yesterday and it is triple leverage of the S&P Biotechnology index.

    I will move my BIB holdings to LABU.

    Sentiment: Strong Buy

  • Reply to

    holdings?

    by davenacho May 2, 2015 5:10 PM
    nitrene nitrene May 18, 2015 12:56 PM Flag

    To make my point further on growth vs. value, since the inception of JETS it is up (as of 5/18/15) 3.3% and the average of ALK, JBLU, HA and LUV is up about 6.5%. Again the legacy carriers will always under perform in an up market like it has. HA did drop 33% about 4 months ago on their earnings report but since then it has recovered 90% of the losses ($18.5 -- $25.8).

    Even today (5/18/15 1253 EST):

    JETS +0.36%
    (ALK,JBLU,HA,LUV) +0.98%

    As long as the market in general rises, the growth airlines will outperform even the S&P 500 by a lot unless Oil shoots back over $65-$70 -- that is the only real risk.

    Sentiment: Buy

  • Reply to

    holdings?

    by davenacho May 2, 2015 5:10 PM
    nitrene nitrene May 8, 2015 10:38 AM Flag

    Its a pretty good ETF but they should have made it earlier like 2 or 3 years ago. Its too illiquid to trade but good for investing.

    The only downside is it is market-cap weighted so it is top heavy on the low growth legacy carriers. It is about 45% in AAL, UAL, LUV & DAL. Of those only LUV can be considered quasi growth. The real growth is in JBLU, AK, HA, VA & SAVE.

    I personally think it is better to just own them outright. I've owned all of the top ten except ALGT for a while and I can tell you that AAL, DAL & UAL have done worse than HA, AK & JBLU.

    Sentiment: Buy

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