Of course that would be very odd.
1. UVXY is designed to fail - "read" Prospectus.
2. UVXY is managed by a criminal banking organization - "never" tracks index.
3. UVXY is a wall Street scam created to generate debt-free borrowing.
and pays very well on Wall Street.
then again, UVXY was created by a BANK.
Remember, SHORT ever ONE-CENT RISE!
RIGHT? Thanks in advance.
although most experts agree, a couple cents to flat on the day would be more reasonable. Note: Meltdown defined as not less than drop of 1,000 Dow points and 300 S&P points.
but then again, it stopped tracking that also.
as long as you live.
If you can, SHORT UVXY ON EVERY BOUNCE and just sit back and wait for it to delist on news it is worthless!
more commonly known as a septic-tank.
Z, be realistic, last year we hit 53 new record highs, essentially one a week, surely we can double that ... 50% gain is so 2009's. Easy double, triple when ISIS starts shelling southern Europe, they're only 180 miles from Cypress!!! Long live RECOVERY, and pray for another RECESSION soon!
and figures crossed on Iran's nuclear bomb target-date, hopefully we'll see a full-blown nuclear exchange in the middle east ... fastest way to Dow 30,000!!!
further and deliver new record highs.
Ukraine says full-blown assault pending.