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re: UVXY........ETF that I'm killing it on

Posted on 6/4/13 at 12:05 pm to
Posted by saintforlife1
Member since Jul 2012
1321 posts
Posted on 6/4/13 at 12:05 pm to
Can someone explain why the price of UVXY goes up when the markets are down and vice versa? Is this some kind of inverse ETF? How do you know an ETF does this?

Is there an ETF that doesn't have a negative correlation to the market but has high volatility just like UVXY? I am a glass half full kind of guy. I hate betting against something. I'd rather root for something to go up.

Posted by L S Usetheforce
Member since Jun 2004
22794 posts
Posted on 6/4/13 at 3:04 pm to
SPXL is bull on S&P



But why would you want a bull ETF in a market that is historically at an all time high
This post was edited on 6/4/13 at 4:09 pm
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