6/2/21 Leveraged ETFs – LABU

In all the excitement surrounding finishing my article on Monday, I forgot to include all the 3x Bulls in the one year summary.

The technical problem of displaying this stuff cleanly is considerable. DS is CO -OC. A negative means that OC is higher than CO – man bites dog. If you are playing dog bites man, seeing that is a negative. You don’t want to see too many.

Assuming one is played CO, positive OC excursions are negatives because the other side is winning. The biggest heart break is when CO loses and OC wins. OC doing better in any way than CO is annoying.

Fortunately, the good guys are doing OK. There are some cases where OC beats CO (not very many) but they are not highlighted.

A detailed look at LABU closes things out.

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