I got into UYG at $4.62, ABK at $1.33 and FAS at $16.50. I sold BHS at $3.60. My case to go long is simple, I think the selloff was only profit taking. CNBC and the media have to create reasons as to … more →
Lifewrote 5 months ago: Two months ago, I swapped out my short position in UYG for a short position in FAS. The goal was to … more →
wrote 7 months ago: Leverage is a tool that magnifies efforts. Whether it is Archimedes moving the earth or Wall Street … more →
wrote 1 year ago: After the market closed Wednesday, RSI picked a high volatility ultra fund. Buy 88 shares ProShares … more →
wrote 1 year ago: Good evening! I upgraded the performance section to include Top Five. This page shows my top five p … more →
wrote 1 year ago: The three big banks, JPMorgan Chase JPM, Bank of America BAC, and Citigroup C, reported quarterly ea … more →
wrote 1 year ago: With option expiration scheduled to take place on Friday, I must be prepared. Two of my positions t … more →
wrote 2 years ago: By now you know all about leveraged ETF and leveraged inverse ETF products. But you might not have … more →
wrote 2 years ago: The Goldman story is affecting gold according to 24/7 Wall Street. On Friday, the SPDR Gold Shares ( … more →
wrote 2 years ago: The Dow Jones industrial average edged close to the 11,000 mark but failed to cross it for a second … more →
wrote 2 years ago: Stocks ended flat on Thursday, dropping off earlier highs as a weak U.S. bond auction and global deb … more →
wrote 2 years ago: You knew these were coming down the pike! It was only a matter of time… NEW YORK, NY, Oct 13 ( … more →
wrote 2 years ago: I had a nice and healthy August options expiration with 6 positions being called out on. Some of the … more →
wrote 2 years ago: The Financial Industry Regulatory Authority and the Securities and Exchange Commission decided to is … more →
wrote 2 years ago: The movement against, or at least a move to better quantify, leveraged ETFs is still going. In fact … more →
wrote 2 years ago: There may be some misconceptions out in the market over an inquiry into the leveraged ETF universe. … more →
wrote 2 years ago: We have been large fans of exchange-traded funds, exchange-traded notes, and other exchange-traded i … more →
wrote 2 years ago: Finally we had that big sell off that I had been waiting for, now that key is we see some follow thr … more →
wrote 3 years ago: IF you look at how the current markets correlate compared to historical data you will notice we are … more →
wrote 3 years ago: The triple-leverage financial ETFs of Direxion Daily Financial Bull 3X Shares (NYSE: FAS) and Direxi … more →