I remember it dropping 40% as markets were dropping 2 years ago when the U.S. credit rating dropped. And as you may know, a 40% drop requires an 80% gain to recoup. This one's working on it's third r/s within 4 quarters. It's trend is always down.
Because a big block of over 3 mil. shares was just dumped. When big holders decide to sell, crude price has nothing to do with this. Other etn's like TVIX and UGAZ/DGAZ are also vicious with this.
After the last 7 years you still think this administration and it's president wants what's good for America? That must be why you call random posters fools!
LOOK! The economy's fixed! The only way to keep another democrat in office is to rally the S&P to 3,000 and it goes there this year! Time to leave everything invested and vacation in Hawaii!
You buy these etn's to MAKE money? Odds are way against you. Buy for a write-off. Especially TVIX, you can never time it right to profit, the MM's are too good. Futures have been greened-up nicely, should be another expensive week before another reverse split on this.
Markets had to be very green today due to the Obama immigration story and Supreme Court consideration, no other reason. The government edits mainstream media stories, and Fed inflates the market because of unlimited purchase power. This makes it difficult to speculate about fear...and expensive.
Why is she taking so long to be a client herself? "At this point what difference does it make?" What? What has she accomplished? Ideas and rhetoric are cheap!