Yep, and BBUS is not hedged so FX introduces another variable. The leverage on BBOZ is not for my risk appetite. Almost the entire ASX is leveraged to some extent on debt, and that's enough leverage for me.BBUS is the US equity market and BBOZ is magnified returns at 2.4x leverage so all very different ETFs. BEAR just provides negatively correlated returns (no leverage).
They just did I think. Based on what has been happening this week, that will probably lead to about 5% gain tomorrow.Three days straight of green in the US as unemployment and Covid explodes. Not what I'd been expecting.
US will probably overtake China in number of cases tomorrow
Moa999's post rings true.Pretty good day.. who woulda thunkit.. maybe we have dodged the first bullet.
Of course the dividend drought has started.. AMP today.. no dividend at all ( what a surprise.. I inherited them I didn't buy them..)
Significant bottom last week. FOMO likely exists for many that didn't act seeing the large gains in quality stocks since the bottom.What are people's thoughts on whether this is the bottom of the sell-off?
Given the recent gains its hard to hold back and not enter due to a case of FOMO. I'd kick myself if I missed out so invested according to my conviction that stocks have bottomed (30%)