Mining Sector Ideas

[gfp927z]

Bigworld, >> potential gain is much greater <<

Here's a comparison of SVIX vrs SSO and SPXL (2X and 3X long S+P 500 ETFs) in both up and down markets (see below, approx figures). While SVIX does have more potential upside in a rising market, as a short term trading vehicle I don't like the way it hasn't bounced during last week's market rebound. It's probably the choppy nature of that rebound that threw the SVIX off, since it's based on volatility, but this 'disconnect' from the stock market's actual movements could really screw up a short term trade. Using SPY, I'm getting ready to take profits soon, and in comparison the SVIX hasn't even bounced yet. Anyway, something to consider. Just curious if Rinear has been using SVIX and UVXY for his trading? Thanks.


Up Market - (Aug 2024) -

SVIX -- up 86%
SPXL - up 31%
SSO -- up 22%

Down Market (from Feb high to April low) -

SVIX -- down 65%
SPXL - down 52%
SSO -- down 39%



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