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ProShares Ultra VIX Short-Term Futures ETF (UVXY)

NYSE
Currency in USD
Disclaimer
6.17
+0.04(+0.57%)
Real-time Data

UVXY Comments

52 week range is 10.4 to 125 so we are obviously near the bottom. The FRB is monetizing and issuing more debt in 2020 to fund our countries ever increasing debts than any other time in history. Even breaching their authority by bailing out corporate interests again. They say there is a shortage of Euro-dollars yet the past two nights the DXY has gone down overnight (EST) and then rallied yesterday during the day. We'll see if that happens today. U.S. bond yields continue their upward pressure so that is something to keep a close eye on as the world economy remains weak.  FYI: More Corona cases are not equating to more deaths. Actually, the number of deaths (250K) here in the U.S. is not that high if you add in all the false positive tests and deaths really caused by their underlying comorbidities, yet deemed c.o.v.i.d.-.1.9 the cause of death. About 150,000 people die every flu season from the various lower and upper respiratory diseases here in the U.S.
oh really then how does it? please explain this , like SkipRob did in detail
Kevin is right, it doesn't means you buy at 10.4 will make money on UVXY, it could drop further down to 8 or 5 if market continue swing for the next few months. UVXY will always decay for long term....this is the nature of stock market. But I am also holding my position for UVXY now, I won't merry to this MONSTER....
To keep it simple.. UVXY holds VIX futures. This causes decay. look at VX vs UVXY.
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